L
uxury housing market 2025 is off to a strong start, with sales increasing eight percent from the previous year compared to three percent for traditional markets. A new type of buyer is emerging: younger, female, and seeking long-term investments or second homes near top business hubs.
Leading agents from select luxury markets share their insights on region-specific trends and projections for 2025. Moira Holley in Seattle notes a shift towards real estate due to stock market volatility, with buyers diversifying their investments and looking at high-quality properties. Jaime Krupnick in Westlake Village observes a mix of urgency and optimism among buyers, who are ready to act but also being more discerning.
Chad Carroll in Miami, Fort Lauderdale, and Palm Beach highlights the scarcity of land in prime waterfront locations, driving record pricing and new development to meet demand. Vicki Gaily in Saddle River, NJ reports over $30 million in closed sales, with buyers seeking tangible investments during periods of economic volatility.
