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Ultra-Luxury Properties Taking 400% Longer to Sell; Listed Up to 25% Higher than Market Value: Concierge Auctions Report

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NEW YORK, NY, UNITED STATES, April 2, 2025 /EINPresswire.com/ -- The largest factor in determining the price an ultra-luxury property will sell for is the number of days that it has been marketed for sale. New findings reveal that in 2024, ultra-luxury properties in the United States’ top luxury markets took 400 percent longer to sell than the average home, and were listed up to 25 percent higher than market value. While a median house takes les…

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Ultra-Luxury Properties Taking 400 Percent Longer to Sell than Median-Priced Homes; Listed Up to 25 Percent Higher than Market Value: Concierge Auctions Report

The largest factor in determining the price an ultra-luxury property will sell for is the number of days that it has been marketed for sale. New findings reveal that in 2024, ultra-luxury properties in the United States’ top luxury markets took 400 percent longer to sell than the average home, and were listed up to 25 percent higher than market value. While a median house takes less than 60 days to sell, ultra luxury properties are averaging nea…

2 days ago

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