April Realtor.com Report Highlights Fayetteville’s 37.7% Luxury Surge
Realtor.com’s April Luxury Housing Report shows the national 90th percentile threshold reached $1,274,423, up 2.0% month-over-month but down 1.9% year-over-year, marking 25 straight months of annual declines. Construction-driven markets like Fayetteville-Springdale-Rogers, AR saw 37.7% YoY growth in million-dollar listings and Durham-Chapel Hill, NC grew 23.7%.
1. National Luxury Threshold Trends
In April, the national luxury entry point (90th percentile) climbed to $1,274,423, up 2.0% from March but remained 1.9% below April 2025, extending a 25-month year-over-year decline. The 95th percentile rose to $2,003,139 (0.3% MoM, down 5.9% YoY) while the ultra-luxury 99th percentile fell 1.0% to $5,711,785, underscoring uneven recovery across price tiers.
2. Emerging Markets Growth Drivers
Realtor.com identified 12 mid-sized metros where million-dollar listings jumped rapidly, fueled by new construction and appreciation of existing estates. Fayetteville-Springdale-Rogers led with 37.7% YoY growth and a 41.3% share of new luxury builds, while Durham-Chapel Hill posted 23.7% growth backed by 30.3% new construction; other markets like Santa Fe saw appreciation-driven luxury depth.