2024 ULTRA-LUXURY REPORT

The Demand for Luxury Properties Intensifies and Momentum Points to Another Promising Year Ahead

The ultra-luxury residential real estate market showcased resilience and strength across the nation in 2024. A total of 1,744 homes sold at $10 million and above, generating an impressive $31.39 billion in sales—well surpassing 2023 figures and underscoring the continued demand for exceptional properties. This momentum, driven by sustained wealth growth and predicted favorable economic conditions for ultra-luxury buyers, points to another promising year ahead in 2025.

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$31.39B

NATIONAL TOTAL SALES VOLUME

2024

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1,744

NATIONAL TOTAL # OF SALES

2024

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SUPPORT THOSE IMPACTED BY THE

California Wildfires

At Compass, we deeply understand the significance of home, especially during times of devastation. Our hearts go out to the individuals, families, and communities affected by the wildfires in California. As we launch this year’s Ultra-Luxury Report, we invite you to join us in supporting those impacted by donating to relief efforts. Together, we can help rebuild homes and restore hope to those in need.

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