The High-End Revival: Cities Where Luxury Home Prices Are Surging
In the world of luxury real estate, certain cities are experiencing a high-end revival, with median sale prices skyrocketing in recent years. According to our analysis, cities like Atlanta, GA, and Denver, CO, are leading the charge.
Let's take a closer look at these cities and their corresponding median sale prices. Atlanta, GA, boasts a median sale price of $611,920, while Denver, CO, has a median price of $206,751. This represents a significant difference of $405,169 between the two cities. To better understand this trend, let's examine the data in more detail.
cities where analysis is crucial in this context, as it helps us identify the underlying factors driving these price increases.
In Atlanta, GA, the median sale price is $611,920, with homes typically staying on the market for 26 days. This is a relatively quick turnaround time, indicating a competitive market. In contrast, Denver, CO, has a median price of $206,751, with homes staying on the market for 55 days. This longer market time suggests a slightly slower market.
When comparing the number of homes sold, Atlanta, GA, has a total of 648 homes sold, while Denver, CO, has 1077 homes sold. This represents a significant difference of 429 homes sold in Denver compared to Atlanta. To put this into perspective, let's examine the data in more detail.
home cities analysis is essential in understanding the dynamics of the luxury real estate market.
In the table below, we can see the median sale prices and days on market for various cities. Atlanta, GA, stands out with a median sale price of $611,920 and a median days on market of 26. In contrast, Denver, CO, has a median sale price of $206,751 and a median days on market of 55. This represents a significant difference of $404,169 and 29 days in median days on market, respectively.
| City | State | Median Price | Homes Sold | Inventory | Days on Market |
|---|
| Atlanta | GA | $611,920 | 648 | 1273 | 26 |
| Denver | CO | $206,751 | 387 | 889 | 24 |
| Charlotte | NC | $425,045 | 151 | 1167 | 18 |
| Seattle | WA | $575,877 | 807 | 548 | 17 |
| Tampa | FL | $271,813 | 597 | 395 | 16 |
| Orlando | FL | $362,644 | 369 | 1713 | 23 |
We can also see that cities like Charlotte, NC, and Seattle, WA, have median sale prices of $425,045 and $575,877, respectively. This represents a significant difference of $150,168 and $35,044 compared to Denver, CO. To better understand this trend, let's examine the data in more detail.
cities where analysis is crucial in this context, as it helps us identify the underlying factors driving these price increases.
In the table below, we can see the median sale prices and days on market for various cities. Charlotte, NC, stands out with a median sale price of $425,045 and a median days on market of 18. In contrast, Seattle, WA, has a median sale price of $575,877 and a median days on market of 17. This represents a significant difference of $150,832 and 1 day in median days on market, respectively.
| City | State | Median Price | Homes Sold | Inventory | Days on Market |
|---|
| Houston | TX | $252,470 | 485 | 1440 | 19 |
| Denver | CO | $233,238 | 110 | 951 | 47 |
| Houston | TX | $691,035 | 490 | 1007 | 34 |
| Denver | CO | $624,723 | 1077 | 1466 | 55 |
| Charlotte | NC | $336,036 | 353 | 1722 | 30 |
| Charlotte | NC | $617,172 | 665 | 1570 | 24 |
