Prices for luxury housing in July 2024 were slightly lower than the market peak in 2021 and 2022. Luxury single-family properties had a median square footage price of 419 U.S. dollars in July 2024, down from 428 U.S. dollars in July 2022. Attached houses, on the other hand, had a median price of 484 U.S. dollars per square foot, down from 578 U.S. dollars in July 2021.
Average square footage price of luxury single family and attached homes in North America from 2020 to 2024
(in U.S. dollars per square foot)
The source adds the following information: "All data is based off median values. Median prices represent properties priced above respective city benchmark prices."
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Institute for Luxury Home Marketing. (August 13, 2024). Average square footage price of luxury single family and attached homes in North America from 2020 to 2024 (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved January 17, 2025, from https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/?__sso_cookie_checker=failed
Institute for Luxury Home Marketing. "Average square footage price of luxury single family and attached homes in North America from 2020 to 2024 (in U.S. dollars per square foot)." Chart. August 13, 2024. Statista. Accessed January 17, 2025. https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/?__sso_cookie_checker=failed
Institute for Luxury Home Marketing. (2024). Average square footage price of luxury single family and attached homes in North America from 2020 to 2024 (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: January 17, 2025. https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/?__sso_cookie_checker=failed
Institute for Luxury Home Marketing. "Average Square Footage Price of Luxury Single Family and Attached Homes in North America from 2020 to 2024 (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 13 Aug 2024, https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/?__sso_cookie_checker=failed
Institute for Luxury Home Marketing, Average square footage price of luxury single family and attached homes in North America from 2020 to 2024 (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/?__sso_cookie_checker=failed (last visited January 17, 2025)
Average square footage price of luxury single family and attached homes in North America from 2020 to 2024 (in U.S. dollars per square foot) [Graph], Institute for Luxury Home Marketing, August 13, 2024. [Online]. Available: https://www.statista.com/statistics/1234964/sales-price-per-square-foot-luxury-homes-north-america-by-property-type/?__sso_cookie_checker=failed
