November 2025 Luxury Market Update: A New Era of Calm Confidence

The North American luxury real estate market has entered a period defined by stability, confidence, and maturity. Instead of dramatic fluctuations, today’s luxury sector is shaped by steady demand, expanding inventory, and strategic decision-making by buyers and sellers alike.

The November Luxury Market Report shows that both single-family and attached luxury homes experienced year-over-year and month-over-month sales growth. Inventory is rising gradually across most regions, giving buyers more choice, while disciplined pricing continues to support value retention. The market is settling into a healthy, sustainable rhythm—one where clarity, timing, and preparation matter.

Single-Family Luxury Homes: Strength with Strategy

Luxury single-family homes continue to perform well: • Sales up 9.9% YoY and 6.5% MoM • Inventory up 14.6% YoY • Median price dipping only 0.7%

Homes are still selling very close to asking, reflected in a strong 97.8% sales-to-list ratio. New listings remain strategic, but overall momentum is stronger than last year—an encouraging sign as we move into 2026.

Attached Luxury Homes: A Steady Rebound

Condos and townhomes also showed a healthy rebound: • Sales up 3% YoY • Inventory up 10% YoY • Median prices shifting due to increased lower-tier luxury activity

Despite the price shift, value remains strong, with an impressive 98.3% sales-to-list ratio. Buyers continue to act decisively when properties align with lifestyle and design expectations.

Maui's Luxury Market: A Buyer’s Market with Long-Term Strength

Maui remains in a Buyer’s Market but continues to attract affluent lifestyle-driven buyers.

Maui Single-Family Luxury

• Median Price: $1,850,000
• SP/LP Ratio: 96%
• Days on Market: Improving YoY

Maui Attached Luxury

• Median Price: $1,947,500
• SP/LP Ratio: 93%
• Inventory: High, offering buyers more leverage and selection

Even with slower absorption, Maui’s fundamentals—natural beauty, climate, lifestyle, and long-term desirability—continue to attract luxury buyers from around the world.

The Bottom Line

The luxury real estate market is stable, segmented, and confidence-driven. National trends show sustainability, not volatility, and Maui remains well-positioned for buyers seeking value and lifestyle alignment.

If you would like a personalized market analysis or an updated valuation of your property, I’m here to help.

View November's monthly market update:  https://drive.google.com/file/d/13MhF7qtZOo7xfMnPhGOjKW-kQNFECY87/view?usp=sharing