Luxury real estate news: high-end home sales, prime markets, notable listings, and the trends driving demand at the top of the housing market.
A Staten Island judge temporarily blocked New York City’s enforcement of its new pied-a-terre tax on luxury second homes, but the city’s automatic appeal kept the rollout in force pending an Aug. 31 hearing, as brokers report owners shifting high-value units into the rental market.
A Bel Air estate at 11005 Bellagio Place has listed for $88 million, according to The Real Deal. The property spans more than 18,000 square feet on 1.7 acres. Luxford Group purchased the vacant site for $14.5 million in 2015 and completed the house in 2023. The home previously hosted a Louis Vuitton exhibit, per … Read more
Florida accounted for five of the ten highest-priced U.S. home sales in May, according to Redfin. The month’s top transaction was a $75 million Boca Raton property, followed by a $62.5 million sale in Manalapan. Half of the nation’s largest residential transactions closing in a single state is a concentration worth examining — particularly because … Read more
A full-floor penthouse atop the JW Marriott Residences Reston Station in Reston, Va., has sold for $10.9 million, setting a new record for the most expensive condominium sale in Virginia history, Comstock Holding Companies and McWilliams|Ballard announced Aug. 5. The sale breaks the same building’s own record of $10.25 million, set earlier in 2026 — … Read more
Park Slope, Brooklyn leads Redfin’s 2026 ranking of the hottest U.S. luxury neighborhoods, while AI-industry wealth helped push San Francisco’s Noe Valley into the No. 7 spot.
A penthouse atop Manhattan’s landmarked Sohmer Piano Building sold for $10.147 million at Sotheby’s New York, headlining a two-day Concierge Auctions sale that drew more than $520 million in aggregate bids across eight properties.
A New York City family has agreed to pay $47 million for a duplex penthouse at the under-construction St. Regis Residences in Miami’s Brickell district, one of the highest condo prices ever recorded in the neighborhood.
Manhattan residential sales volume exceeded $8.2 billion in the second quarter of 2026, up 19.4% year over year, according to figures attributed to Douglas Elliman and Miller Samuel in market reporting on the quarterly Douglas Elliman market reports. The gain was led by higher-end transactions, and it indicates that Manhattan’s closed-sales market held up through … Read more
Supreme Court Chief Justice John Roberts and his wife sold their longtime Chevy Chase, Md., home for $3.44 million — more than $200,000 over asking — just weeks after quietly listing it.
Redfin reports vacation-home mortgages rose 4.1% in 2025, the first increase since the pandemic peak, with 85.2% of loans going to high earners and West Palm Beach, Fla., leading the nation.
The Beverly Hills estate built on the site of the 1969 Manson Family murders is back on the market at $44.99 million, the latest turn in owner Jeff Franklin’s four-year attempt to sell the 21,000-square-foot property.
A historic 1936 mansion in Glencoe, Ill., built for a Pabst Brewing executive, sold for $17.5 million, the highest price paid for a Chicago-area home so far in 2026.
Fourteen Greenwich sales above $10 million by mid-June — plus six pending and a private $27.8M deal — put the trophy market on a near-record pace.
Miami-Dade recorded 24 home sales above $30 million in the first half of 2026, nearly double last year’s pace, overtaking New York and the Bay Area in ultra-luxury deal volume as wealthy buyers migrate to Florida, according to data from Analytics Miami cited by Bloomberg.
Sotheby’s International Realty acquired Majestic Realty Collective — eight affiliates from Vail to Lake Tahoe — as luxury brokerage consolidates.
Luxury home prices rose 4.7% year over year — triple the pace of the broader market, Redfin found. Tampa and Miami led; only four metros declined.
Florida condo buyers face new due-diligence questions in 2026, from reserve studies and milestone inspections to insurance and flood risk.
Foreign buyers purchased $56 billion of U.S. homes in the latest NAR data, up 33%. Where international demand is concentrating.
Housing starts fell, builder confidence slipped, and incentives spread. Here’s what new construction buyers and sellers should watch in 2026.
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