As the Spring market takes shape here in bustling 2025, one thing really stands out. It's not just the sales over asking. It's the asking prices. At this moment (Friday morning), with 63 total listings in the market, 18 are priced at $8.000M or higher, making up 29 of the total inventory. (Shown above is 100 N. Dianthus, asking $25M, listed by Christa Lyons, Radius Agent Realty.) And there are more listings we're hearing about being floated in the $8M+ range, which just aren't on the market yet. Meantime, just 10 of the 62 sales (16) to close so far in the year 2025 were at $8M or more. (Seems like more, doesn't it? Well, there are 3 more pending at that price point.) Often, when we're discussing numbers like this, we'll accompany our thoughts with a deep dive and graphs and charts. We haven't sorted the market by price tiers - for a post - in a while, however, meaning it will take some time to generate those kinds of charts. So, put a pin in that, we'll come back to it. Meantime, a while back, 5-6 years ago here at MBC, we did talk about higher-priced inventory as a share of the market. For instance, in May 2019, we noted that 36 of inventory was priced at $4M or above. That seemed like proportionately a lot of pricey homes, at the time. Today, we're looking at 29 above $8M - slightly fewer, at a much higher price point. Gosh, if we want to use that 2019 measure, it's 59 of inventory today at $4M+, and there's another at $3.999M we didn't even count. That's huge growth. For the moment, take your own deep dive into today's listings asking $8M or more (below). This list is sorted by highest price first. We are aware of a formatting issue on desktop/laptop displays, and will try to address.
