What we can learn from the Luxury Market?

Dated: January 10 2024

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Luxury trends that apply to all markets

What are key market trends in the luxury segment that are the same in all markets within the Greater Philadelphia area and Central PA for 2023?

  • Fewer number of sales
  • Pricing trends resiliant
  • Buyer demand for move-in ready
  • Lifestyle sales are key for marketing success
  • Inventory a major controller
  • Demand trends changed - the "experience" of a home is a priority for buyers in all market segments

"In 2023, the luxury market remained "unapologetically resilient," despite slower sales volume than 2022"  - reports The Institute for Luxury Home Marketing in the year-end summary below. Click to download the report;

Luxury Market Report - 2023 In Review

North America Luxury Monthly Reports;

Local real estate market insights;

Book a time for your private consultation on today's market and whether or not it makes sense to make a move now. I'm here to help!

Susanna Kunkel, Realtor
eXp Realty, LLC

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Susanna Kunkel

Susanna provides executive level service to all her clients based on her years in corporate CEO offices. Creative marketing, global networking and local expertise. Her unique mix of business savvy and....

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