January 6, 2025
Coldwell Banker Global Luxury in conjunction with The Institute For Luxury Home Marketing, Wealth-X, an Altrata Company, and Barton Consulting LLC released 2025 Trend Report. This report provides a comprehensive overview of factors that influence the luxury home market for sellers and buyers. The outlook for 2025 luxury home sales is optimistic primarily driven by lower mortgage rates, higher inventory and improved market conditions. In a survey of Coldwell Banker Global Luxury Property Specialists, 85.5% rated market conditions as "good" or "fair" for buyers. Market conditions for sellers were equally on solid ground with 74.5% respondents reporting a positive outlook.
Click here to view 2025 Trend Report
When deciding to sell or buy luxury real estate, contact Eric Radecki Luxury Real Estate Agent affiliated with Coldwell Banker 170 Main Street New Canaan, CT 06840. Call 475-245-4205 or register at ColdwellBankerLuxuryHome.com
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Eric can assist you with determining property value, crafting a competitive offer, writing and negotiating contracts, and more. Contact him today to get started.