PR Newswire·Nov 9, 2026, 6:00 AM ET

Luxury Prices Extend 31-Month Run of Annual Declines, but 12 Markets Buck the Trend, Realtor.com® Finds

The national luxury housing entry point fell 2.3% year-over-year to $1,197,014 in October 2026, marking the 31st consecutive month of annual declines.
Florida accounted for five of the 12 metros with annual luxury price gains of at least 1%, including Naples, which led with a 9.0% increase.
All luxury tiers saw price declines nationally, with the top 5% threshold dropping 4.1% & the top 1% threshold falling 6.2%.
Luxury homes sold faster than a year ago, with 90th percentile listings spending a median of 73 days on the market, five days fewer than last October.
Bridgeport-Stamford-Danbury, Conn., ranked as the most expensive luxury market, where the top 10% of listings started at $3,960,000.
Million-dollar listings comprised 12.3% of the market in October 2026, a decrease of 0.5 percentage points from the previous year.
Eight of the 12 markets with price gains were located in the South, while six of the seven non-Florida markets with price increases experienced longer selling times.
Charleston, S.C., & Boise, Idaho, recorded significant ultraluxury threshold jumps of 18.7% & 16.6%, respectively, alongside broader price growth across all tiers.
Data for the report was sourced from Realtor.com® listing trends for October 2026, focusing on active inventory of existing homes across 43 metropolitan areas.