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The Coldwell Banker Global Luxury® program releases The Trend Report annually to ensure you have the most current real estate data. The Trend Report 2024 identified six trends influencing the luxury housing market. The halfway point of the year offers an opportunity to assess these trends and identify new patterns. Hence, our first-ever Mid-Year Report was born. Leveraging intelligence from the Institute for Luxury Home Marketing and a survey of Coldwell Banker Global Luxury Property Specialists worldwide, this report unveils a mix of established and emerging trends. New “right” luxury inventory remains the driving force behind sales. Demand remains high for “unicorn” properties; increasingly selective buyers are willing to wait until they find the right home. Aspirational pricing has started to fade. The market has largely shifted out of neutral following 2023, although some uncertainty persists since it’s an election year in the U.S. Still, agent optimism is high. Nearly 70% of Luxury Property Specialists expressed confidence in the health of the 2024 luxury market. I, too, am confident in the luxury sector’s resilience and believe this report will arm you with valuable information as you contemplate the next step of your real estate journey. Please don't hesitate to reach out with any questions. I’m here to help you navigate this evolving landscape with confidence.
COLDWELL BANKER GLOBAL LUXURY® | MID-YEAR REPORT 2024
Thank you for choosing to work Elizabeth Larsen for your real estate needs! I am proud to be at Spokane's number one real estate company, where we strive to exceed our clients' expectations, whether you are a buyer or seller. With my dedication to customer service, ethics and integrity, you know that with me and Coldwell Banker Tomlinson, you are getting the very best Spokane real estate has to offer. For buyers, we offer the most aggressive negotiators and knowledgeable representatives to get you the perfect home for your budget. And for sellers, our experienced agents will help you price and sell your home quickly and at the best price possible. With over 20 years of local experience, and knowledge, I am prepared and excited to help guide you on your real estate journey.
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Luxury Property Specialist Coldwell Banker Tomlinson
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