Luxury Prices Fall for 30th Straight Month as Big Price Tags Fail to Guarantee Top School Marks, Realtor.com® Finds
PR Newswire•14/10/2026•06:00 ET
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Key Highlights
- ➤Luxury entry point $1,199,321 in September, down 3.6% year over year
- ➤Luxury prices declined for the 30th consecutive month
- ➤90th-percentile luxury listings sold in 76 days, three fewer year over year
- ➤Los Angeles luxury threshold $3,949,634, highest nationally in September
- ➤Naples luxury prices rose 8.9% annually, among only two top-10 gainers
Expert Statements
Anthony Smith, Senior economist at Realtor.com
“Luxury prices keep drifting lower, but buyers haven’t gone quiet. Homes are selling faster than a year ago in every tier,”
Anthony Smith, Senior economist at Realtor.com
“School ratings are one local factor that can go hand in hand with price strength, as in Naples, Fla., but they don’t make a market immune.”
Luxury Prices Fall for 30th Straight Month as Big Price Tags Fail to Guarantee Top School Marks, Realtor.com® Finds PR Newswire
Naples, Fla., tops luxury markets in elementary school ratings (9.3/10) and annual price gains, while second-priciest Kahului-Wailuku, Hawaii, ranks last (5.0/10)
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