The luxury housing market is flashing a surprising signal after 29 months of falling prices

Prices are down across every high-end tier, yet luxury homes are actually selling faster than they were a year ago.

[Source images: Adobe Stock]

High-end homes may be out of reach for most people, but the price of luxury is slipping a little lower these days.

The entry point for buying a luxury home dropped to $1,200,005 during the month of August, according to a new report from Realtor.com. That’s a 4% drop from July 2025, and the latest decline in 29 straight months of falling luxury home prices. 

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