Luxury Sales Volume Rises Slightly

The number of Million Dollar Sales has risen each year since the bust in 2008. Some quick highlights from the chart:

  • The overall trend is upward from left to right, showing that more luxury homes are trading hands each year.

  • The 2019 luxury sales volume (YTD) has been 1,328 homes sold, compared with 1,275 over the same time period in 2018. (and 982 in 2017.)

  • That being said, there have been 3 months so far in 2019 with lower sales volume than the same months last year: January, March, and August.

The luxury market is still trending upwards, but it’s not unfair to say the trend has slowed down a little bit this year.

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- Chris Butterworth

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* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.