October 2025 Luxury Real Estate Market Update: Refining, Not Cooling

As we move into the final quarter of 2025, the North American luxury real estate market continues to show signs of balance, stability, and strategy. After several years of fluctuation, the market is now defined by measured growth and intentional movement—not dramatic swings.

According to the October 2025 Luxury Market Report, sales of single-family luxury homes are up 15.2% year-over-year, with inventory climbing 13.9%. Buyers remain confident and selective, focusing on properties that offer true value and quality. Prices are up a modest 2.9%, showing that well-positioned homes continue to command attention, while sellers are adopting more realistic pricing strategies.

Luxury Living Remains in Demand

The condo and townhome segment also demonstrated strength, with sales up 14.6% and median prices rising 3.5%. Lifestyle-driven buyers—especially those prioritizing convenience, design, and amenities—are keeping demand steady across major metropolitan and resort markets.

Declining mortgage rates, improving stock markets, and global wealth migration continue to reinforce buyer confidence. Affluent clients are prioritizing lifestyle, location, and design excellence, focusing on properties that align with their personal and financial goals.

Looking Ahead to 2026

The luxury real estate landscape is not cooling—it’s refining. As interest rates ease and buyer confidence strengthens, the market is poised for continued balance and opportunity.

For those considering buying or selling in Maui’s luxury market, now is the time to plan strategically. I’d be happy to help you explore how these national trends are shaping our local market and what that means for your next move.

Click HERE if you would like to access the full report, including data on Maui's luxury real estate market.