Luxury Listing Threshold Falls for 31st Straight Month
The U.S. luxury listing-price threshold dropped 2.3% year over year in October, while five Florida metros saw increases.
Updated on Nov. 11, 2026 in Residential
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The U.S. luxury listing-price threshold fell 2.3% year over year in October to $1,197,014, extending its annual decline to 31 consecutive months. Twelve of 43 tracked metros recorded a rising cutoff, including five in Florida.
Why it matters
The threshold, which marks the 90th percentile of active listing prices, shows that nationally the high end of the market continues to cool even as some metros hold steady or rise. For homebuyers and sellers at the upper end, the gap between regions has widened.
The national 90th-percentile luxury listing threshold stood at $1,197,014 in October, down 2.3% from a year earlier, based on active asking prices across 43 tracked metros. Whether the decline will reverse in the Florida metros is not yet clear, since the measure reflects asking prices rather than closed sales.
The details
Luxury listing-price threshold figures are calculated from the 90th percentile of active listings, separating the top 10% of priced homes from the rest. Naples-Marco Island posted the largest increase at 9%, while North Port-Bradenton-Sarasota rose 7.7%, Cape Coral-Fort Myers 4.1%, Miami-Fort Lauderdale-West Palm Beach 4.1%, and Tampa-St. Petersburg-Clearwater 2.1%.
Timeline
October 2025: baseline period for year-over-year comparisons.
October 2026: month of the luxury listing-price threshold analysis.
12 months ending in October 2026: period of listings used for metro inclusion criteria.
Market Landscape
The national luxury threshold has now declined for 31 consecutive months, a sustained cooling at the top of the market. Florida's coastal metros, led by Naples-Marco Island's 9% gain, are running counter to that national pattern.
Buyers shopping the top 10% of the market may find more negotiating room nationally, while Florida's coastal metros are seeing rising asking prices. Sellers in those metros should expect that high-end asking prices are holding or climbing, even as the national figure falls.
The takeaway
National luxury asking prices are cooling, but the picture is local: sellers and buyers should check their specific metro before assuming the national trend applies to them.
Further reading
For more on how high-end asking prices are moving across the country, explore residential real estate trends.
Source note: This article includes information reported by TokenPost.
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