Luxury Market Swells With $1 Million-Plus Sales

The demand for luxury is staggering.
According to the latest Luxury Home Index by realtor.com®, $1 million-plus transactions are up 25 percent year-over-year, with the average property snapped up in 105 days—a tightening window.
“Continued growth in high-paying jobs and stock market inertia have reignited many luxury markets this year,” says Javier Vivas, director of Economic Research for realtor.com. “We’ve seen a substantial increase in buyer demand for h