High-End Home Prices More Stable than Other Price Levels

Charlotte, NC, June 5, 2025-National Association of Realtors data shows that higher-end home prices are holding up better than other price levels, reports Truist. 

“The weakness in home sales was driven entirely by activity at the low end of the price spectrum. Sales for homes less than $250K fell notably, which dragged down the total sales number despite this group only accounting for just over 20% of total sales. Over 50% of sales come from the $250K to $750K range, which was about flat year over year. Investors should note that the high end ($750K+) grew over 5% year over year, though this is also a minority of sales. This paints two very different pictures of the market for existing homes in which the high end of the market is performing substantially better than the low end and growing at a solid pace.”