July 2022 Luxury Market Report
The Luxury Real Estate Market remains a seller's market. The month of June saw a continuation of the significant upward shift of homes listed for sale, especially against the same month in 2021 and month-over-month in 2022.
We reviewed the last six months to understand the circumstances that created such a dramatic upswing in a relatively short period of time, and we reviewed what this means for sellers and buyers in the current market.
We investigated why experts do not expect prices to plummet any time soon, but why they caution that the market will remain unsettled over the next few months.