In spite of a tumultuous economy, demand for luxury properties locally and nationwide remains strong. The 2025 Coldwell Banker Trends Report notes a "quiet resilience" in the luxury market, with properties sustaining their value. The Report has found that Gen X is beginning to have a larger influence on the luxury market, particularly Gen X women. Locations that combine affordability with luxury amenities continue to be the most desirable places to live across the board.
Slightly increased inventory in 2024 helped to shift the market as more equal for buyers and sellers both. New inventory is a very welcome sight for the luxury market, but much more is still needed. With a more balanced market, Coldwell Banker is optimistic about where the luxury market is headed in 2025.
