Luxury Market Report - June 2023 & The Luxury Trends for the Summer

From the Institute for Luxury Home Marketing:

"Smart technology and wellness amenities are certainly top favorites of the affluent homeowner, but today’s buyer is also looking for a home that will fulfill their lifestyle decisions – this is more than just the style of the home and/or its location, it is the experience offered by the property that will likely set it apart.

Despite lingering uncertainty outside the luxury real estate market, the steadiness of prices, sales, and inventory levels have resulted in a consistent increase in the demand for luxury properties during the first five months of 2023."