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Showing posts from July, 2026

Luxury Home Price Growth Flattens Nationally: A Seller's Guide

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Luxury Home Price Growth Flattens Nationally: A Seller's Guide The national luxury home price threshold sat at $1,277,907 in June 2026, down 1.7% from a year earlier — the 27th straight month of annual declines, according to Realtor.com's Luxury Housing Report. But the monthly numbers tell a different story than the annual ones. Prices have found something close to a floor even as the year-over-year comparison stays negative, and that gap between "flat month to month" and "still down from last year" is exactly what today's luxury sellers need to understand before they set a price. If you're getting ready to list a high-end property, the market you're entering isn't the runaway seller's market of 2021, and it isn't a crash either. It's something quieter and more demanding: a market where buyers do their homework, inventory has room to breathe, and the sellers who win are the ones who price to today's data instead of last year...

Redfin Confirms a Buyer's Market Nationwide: How to Negotiate Now

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Redfin Confirms a Buyer's Market Nationwide: How to Negotiate Now Redfin's own data says it plainly: sellers outnumber buyers across most of the country right now, and that imbalance hands buyers real leverage at the negotiating table. The company's weekly housing market tracker shows nearly 1.5 million homes for sale against a shrinking pool of active buyers, median days on market stretching past a month, and a large share of sellers cutting their asking price before they ever get an offer. None of that means homes are cheap. It means the rules of the conversation have changed. This guide breaks down exactly what the data shows, how to check whether your own metro fits the national pattern, and the specific negotiating moves that are working for buyers right now. Key Takeaways - Redfin defines a buyer's market as one where sellers outnumber buyers by more than 10%, and that condition has held nationally since May 2024. - As of the most recent four-week tracking per...

Cape Coral Buyer's Market 2026: What Sellers Should Do Now

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Cape Coral Buyer's Market 2026: What Sellers Must Do Now Cape Coral homes are now selling in a median of 60 days , down from 73 days a year ago, according to Redfin. That sounds like a market picking up steam. It isn't, not exactly. Homes are moving faster because sellers are accepting less to get them off the books: the citywide list-to-sale ratio sits at roughly 96% , meaning the typical seller is giving up close to 4% off asking to close a deal. More homes sold last month than the same month a year ago, and the median price still slipped. That combination, more sales at lower prices, is the clearest signal yet that Cape Coral's correction hasn't ended. It has just found a rhythm. Here's what the numbers mean for pricing, staging, and offers if you're on either side of a Cape Coral closing table this summer. Key Takeaways - Cape Coral's median days on market fell to 60 days , down from 73 last year, but that speed is coming from price concessions , not ...

Pending Home Sales Drop 5.4%: What Fall Sellers Should Know

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Pending Home Sales Drop 5.4%: What Fall Sellers Should Know Pending home sales dropped 5.4% in June, the National Association of REALTORS® reported in mid-July — the sharpest one-month decline in five months and more than ten times the 0.5% dip economists had expected. If you're planning to list a house this fall, that number matters more than it looks. Pending sales track signed contracts, not closed deals, which means they're a rough preview of what closings will look like six to eight weeks out. A drop like this in June is a hint at a softer September and October. It isn't a crash signal — sales are still just 0.3% below where they stood a year ago — but it is a real shift, and shifts change how you should price, market, and negotiate a listing. Here's what actually happened in June, why it happened, and what it means for the offer you can expect this fall. Key takeaways - Pending home sales fell 5.4% month over month in June 2026 and 0.3% year over year, according...

Tampa, SWFL Lead U.S. Luxury Housing Price Surge in 2026

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Tampa, SWFL Lead U.S. Luxury Housing Price Surge in 2026 Florida's luxury housing market just posted the strongest numbers in the country. New data from Redfin puts Tampa at the top of the national rankings for luxury price growth , with high-end home values climbing faster there than in any other major U.S. metro. Miami, West Palm Beach, and the state's Gulf Coast luxury corridors are riding the same wave. For sellers of $1 million-plus homes in Naples and Marco Island , this is the moment to understand exactly what's driving the surge, because the story underneath it changes how you should price, market, and time your listing. Key takeaways - Tampa recorded the largest luxury home price increase of any major U.S. metro , with high-end values up as much as 17.1% year over year earlier in 2026 and 15.6% in the most recent three-month reporting window. - Nationally, luxury home prices rose 4.7% year over year , more than three times the 1.5% gain in non-luxury home price...