Realogics Sotheby's 2026 Mid-Year Luxury Outlook
Luxury real estate continues to evolve beyond traditional market drivers. The 2026 Mid-Year Luxury Outlook examines how wealth creation, lifestyle preferences, longevity, and global mobility are reshaping demand, while offering expert perspectives on the opportunities and trends defining the luxury housing market today.
June 2026 Luxury Market Report for the Greater Seattle
Across North America, the luxury housing market continued to outperform expectations in May. Luxury single-family inventory declined 5.8% year-over-year while sales increased 10.3%, reflecting strong buyer demand despite fewer new listings. Median luxury home prices rose 1.8% to $1.30M, homes sold for an average of 99% of list price in just 18 days and the market strengthened to a 28% sales ratio, firmly in seller's market territory. The report also highlights that buyers remain focused on exceptional properties, with scarcity, lifestyle and long-term wealth preservation continuing to drive demand.