Luxury Housing Market Snapshot | Ultra-Luxury 1%
Luxury is defined dynamically using sale prices to track and identify the luxury tier in each market over time.
We focus on two luxury tiers — Luxury is defined as the top 5% (95th percentile) as the threshold; the other tier is Ultra-Luxury using the top 1% (99th percentile) as the threshold.
Home sale prices from each luxury tier (top 1% or top 5%) were used to calculate the monthly price and index values. The data range begins from January 2011 and values are calculated monthly using a 12-month average. To calculate the index, each month’s 12-month average sale price was divided by the benchmark sale price from January 2011 for reference. Data series are updated monthly on a three-month lag and are not seasonally-adjusted.
Source: Realtor.com® Residential Home Sales Database
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