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In comparison, prices for non-luxury homes rose by 4.6% Redfin defined luxury homes as those estimated to be in the top 5% of their metro area based on marketvalue, while non-luxury homes are those with estimated values in the 35th to 65th percentile. Meanwhile, sales of non-luxury homes decreased 4.2%
Is the home being marketed effectively? Is the seller being flexible with showings? Is the price aligned with current market conditions? Here are the initial items to check on: Marketing photos and description: Start by reviewing your marketing strategy. Sellersmarket : This happens when demand outweighs supply.
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