The sales ratio for single-family and attached homes in North America decreased between July 2023 and July 2024. The single-family homes market remained in favor of sellers, while for attached homes, the market was considered balanced according to the source. The sales ratio measures the ratio of sales to current inventory. A sales ratio of 20 percent means 20 percent of the inventory was sold.
Sales ratio of luxury single family and attached homes in North America as of July 2023 and July 2024
Luxury properties are defined as properties priced above the respective city benchmark prices.
The source adds the following information: "sales ratio defines market speed and determines whether the market currently favors buyers or sellers. Buyer's market = up to 14%; balanced market = 15 to 20%; seller's market = 21% plus. If >100%, sales from previous month exceed current inventory."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Institute for Luxury Home Marketing. (August 13, 2024). Sales ratio of luxury single family and attached homes in North America as of July 2023 and July 2024 [Graph]. In Statista. Retrieved October 13, 2024, from https://www.statista.com/statistics/1235004/sales-ratio-of-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Sales ratio of luxury single family and attached homes in North America as of July 2023 and July 2024." Chart. August 13, 2024. Statista. Accessed October 13, 2024. https://www.statista.com/statistics/1235004/sales-ratio-of-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. (2024). Sales ratio of luxury single family and attached homes in North America as of July 2023 and July 2024. Statista. Statista Inc.. Accessed: October 13, 2024. https://www.statista.com/statistics/1235004/sales-ratio-of-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Sales Ratio of Luxury Single Family and Attached Homes in North America as of July 2023 and July 2024." Statista, Statista Inc., 13 Aug 2024, https://www.statista.com/statistics/1235004/sales-ratio-of-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing, Sales ratio of luxury single family and attached homes in North America as of July 2023 and July 2024 Statista, https://www.statista.com/statistics/1235004/sales-ratio-of-luxury-homes-north-america-by-property-type/ (last visited October 13, 2024)
Sales ratio of luxury single family and attached homes in North America as of July 2023 and July 2024 [Graph], Institute for Luxury Home Marketing, August 13, 2024. [Online]. Available: https://www.statista.com/statistics/1235004/sales-ratio-of-luxury-homes-north-america-by-property-type/