2026 Luxury Real Estate Market Outlook

The ultra-luxury segment continues to defy broader market cycles. Inventory in top-tier coastal markets remains historically tight, while demand from both domestic relocators and international buyers keeps upward pressure on pricing. Expect continued appetite for turnkey, newly constructed estates that minimize renovation risk, along with a growing premium on wellness amenities such as private spas, cold plunge therapy, and dedicated fitness suites. Off-market transactions are also becoming more common among top-decile properties, underscoring the importance of working with a well-connected advisor.