But not all cities with a bustling luxury housing market are seeing prices skyrocket. Some are actually cooling down — though to be clear, with the exception of one, these cities are not dropping in cost.
Here’s a look at the 10 U.S. cities that, according to research from the New York Post , have seen the most stable luxury prices over the past four years. The research featured only the single city with the lowest luxury price growth per state, to ensure geographic diversity. Cities are listed from highest to lowest increase.
benedek / iStock.com
Seattle
Most expensive 5% of listings in April 2020: $2,350,000 and up
Most expensive 5% of listings in April 2024: $2,912,450 and up
Number of listings above $2,912,450 in April 2024: 81
Most expensive 5% of listings in April 2020: $324,670 and up
Most expensive 5% of listings in April 2024: $335,700 and up
Number of listings above $335,700 in April 2024: 18
Increase: 3%
atlantic-kid / Getty Images/iStockphoto
Washington, DC
Most expensive 5% of listings in April 2020: $2,995,900 and up
Most expensive 5% of listings in April 2024: $2,972,500 and up
Number of listings above $2,972,500 in April 2024: 115
Increase: -1%
Photo Disclaimer: Please note photos are for representational purposes only. As a result, some of the photos might not reflect the locations listed in this article.
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