Realtor.com: National Luxury Entry Point $1.27M, Fayetteville Listings Surge 37.7%
Realtor.com report identifies 12 emerging U.S. luxury housing markets with national 90th percentile threshold at $1,274,423 in April, up 2.0% month-over-month. Fayetteville-Springdale-Rogers inventory jumped 37.7% year-over-year and Durham-Chapel Hill listings rose 23.7% as high-end development expands beyond coastal hubs.
1. Report Overview
Realtor.com April Luxury Housing Report identifies 12 emerging U.S. luxury markets, signaling a shift in high-end activity toward mid-sized metros beyond traditional coastal hubs.
2. National Threshold Movement
The national 90th percentile luxury threshold reached $1,274,423 in April, up 2.0% month-over-month and down 1.9% year-over-year; the 95th percentile stands at $2,003,139, rising 0.3% month-over-month.
3. Key Growth Markets
Fayetteville-Springdale-Rogers saw a 37.7% year-over-year jump in million-dollar listings driven by new construction, while Durham-Chapel Hill listings increased 23.7% as corporate relocations fuel high-end demand.