Category Archives: Homebuying

Kylie Jenner Shows Off Jaw-Dropping Closet at Custom Megamansion—Complete With a Wall of Priceless Hermes Bags

Kylie Jenner appears to have revealed a peek inside one of the more exciting rooms of her custom Los Angeles megamansion: her enormous walk-in closet, which features an entire wall of priceless Hermes handbags.

Jenner, 28, took to Instagram to share some photos of herself proudly posing in front of her incredible handbag collection—which reports suggest is worth an eye-watering $1 million. Posing in just a bra top and a pair of tight black pants, the reality star snapped two mirror selfies on her phone.

While the mother of two certainly took center stage in the images, few could fail to notice the dazzling array of more than 50 Hermes Birkins and Kelly bags that were carefully displayed on the shelves behind her—each carefully arranged in a color-coordinated section of the built-ins.

“Can’t a girl have fun,” Jenner captioned the photos, before adding a pink bow emoji.

Jenner did not reveal where the images were taken, but it’s thought that they were snapped inside her newly built custom megamansion in the exclusive Los Angeles enclave of Hidden Hills. Jenner has spent years building her dream dwelling in the area, having purchased a 5-acre lot for the staggering price of $15 million back in 2020.

Kylie Jenner
Kylie Jenner appears to have revealed a peek inside one of the more exciting rooms of her custom Los Angeles megamansion: her enormous walk-in closet, which features an entire wall of priceless Hermes handbags. (Instagram)
Kylie Jenner
Jenner, 28, took to Instagram to share some photos of herself proudly posing in front of her incredible handbag collection—which reports suggest is worth an eye-watering $1 million. (Instagram)

Jenner has shared several glimpses inside the home in recent months—revealing in January that she was building her “dream two-story closet” inside the property, which boasts a dazzling array of upscale amenities, including a guesthouse, a large swimming pool, and a 12-car garage.

Spreading across more than 18,000 square feet, the home boasts more than enough space for Jenner, her two children, Stormi and Aire, and even her boyfriend, Timothee Chalamet, should he wish to move in.

Now that the dwelling is nearing completion, Jenner is offloading two of her other California dwellings—including the Hidden Hills property that she has called home since 2016, which is now on the market for $20.3 million.

She purchased that sprawling 13,200-square-foot Hidden Hills dwelling for $12.05 million when she was just 19, and it served as her primary residence for many years.

Jenner carried out extensive renovations to her Hidden Hills starter home, which is now “designed for both everyday living and grand-scale entertaining,” according to the listing held by fellow reality TV star Josh Altman of Douglas Elliman.

“The light-filled residence was designed for seamless indoor-outdoor living, featuring a spectacular open floor plan,” the description goes on.

The dwelling offers ample room for a Kardahsian-Jenner-sized brood, boasting eight bedrooms and eight full bathrooms, including an attached guest suite with a private entrance, kitchenette, sitting area, and courtyard.

Perhaps unsurprisingly, the highlight of those living spaces is the primary suite, which is described as a “true retreat,” complete with its own private sitting area, two enormous walk-in closets, a stunning en-suite bathroom—with a large stone soaking tub—and a balcony that overlooks the beautiful surrounding area.

Kylie Jenner is nearly finished her custom Hidden Hills mansion
Jenner did not reveal where the images were taken, but it’s thought that they were snapped inside her newly built custom megamansion in the exclusive Los Angeles enclave of Hidden Hills. (Google Earth)
Kylie Jenner, Timothée Chalamet attends the 2026 Vanity Fair Oscar Party hosted by Mark Guiducci at Los Angeles County Museum of Art on March 15, 2026 in Los Angeles, California
Spreading across more than 18,000 square feet, the home boasts more than enough space for Jenner, her two children, Stormi and Aire, and even her boyfriend, Timothee Chalamet, should he wish to move in. (Steve Granitz/FilmMagic)

As for entertaining spaces, the property is replete with living areas designed to host multiple guests, starting with the enormous chef’s kitchen that has two islands and “flows into a dramatic great room with walls of disappearing glass” that open it up to the picturesque grounds.

There is also a home theater, a wet bar, a game room, a gym, a massage room, and a beautifully decorated office with a fireplace.

The dwelling sits on a 1.4-acre parcel that is home to a glittering swimming pool and spa, an enormous patio, an outdoor kitchen, and a firepit area.

Enormous windows fill every room with natural light throughout the day, while enormous trees lining the backyard help to ensure privacy.

The dwelling was one of three Hidden Hills homes purchased by Kylie over an 18-month period, becoming the last of the trio to be added to her portfolio of properties in the area.

She bought the first for $2.7 million at the tender age of 17, before picking up a nearby home for $6 million.

However, while the reality TV star offloaded the other two abodes within a year or so of buying them, she held on to the largest of the three, using it as a home base for herself and her children.

Weeks before her Hidden Hills mansion was listed, Kylie put another of her homes on the market—her $48 million concrete megamansion in Holmby Hills.

Instagram/Kylie Jenner
Jenner currently has two homes on the market—a $20.5 million Hidden Hills mansion and an enormous $48 million Holmby Hills compound. (Instagram/Kylie Jenner)
Instagram/Kylie Jenner
Jenner has amassed a sizable portfolio since she bought her first home as a teenager. (Instagram/Kylie Jenner)

The concrete compound features an Instagram-ready layout with 15,320 square feet of living space, seven bedrooms, and 9.5 bathrooms.

“Welcome to the pinnacle of Holmby Hills. Situated on Mapleton Drive—arguably the most prestigious location in Los Angeles—this is not just a home; it is a modern fortress designed for the ultimate privacy seeker,” the listing reads.

Just before entering the home, guests are greeted by 12-foot-tall gates that emphasize the importance of safety and privacy.

The living area comes complete with a cozy fireplace and an expansive view of the backyard, which features a resort-style pool.

The chef’s kitchen is equipped with a marble island and seating area, plenty of cabinet space, and state-of-the-art appliances.

The spacious dining area is surrounded by all-white walls and topped by an elegant chandelier.

One of the many entertaining areas features a second bar and a pool table, making it the perfect place to welcome guests.

The property “designed for grand-scale entertaining and quiet retreat alike” includes a cozy home theater, a chic bar, a pool cabana, a large gym, a game room, an outdoor projection screen, and a sport court.

NSYNC Star Joey Fatone Reveals He Was Forced To Move Back in With His Parents and Auction His Florida Home To Avoid Bankruptcy

*NSYNC star Joey Fatone has lifted the lid on his brutal financial struggles in the wake of the boy band’s sudden hiatus—revealing that his money woes became so severe, he was forced to sell his Florida home and move back in to his parents’ house, along with his wife and children.

Fatone, 49, spoke frankly about his sudden fall from financial grace in a new Investigation Discovery documentary “Boy Band Confidential: A Hollywood Demons Event,” explaining how the shock decision to put *NSYNC on an indefinite break left him in a desperate situation.

The singer confessed that the news of the band’s 2002 hiatus came as a total surprise to him, explaining that there was “never a conversation” between himself and his fellow members—Justin Timberlake, JC Chasez, Lance Bass, and Chris Kirkpatrick.

“There was never a conversation, per se. There was never a goodbye. There was never anything,” he says in the documentary.

Prior to the band’s split, Fatone had been incredibly comfortable financially, even investing some of his hard-earned cash in a huge 10,000-square-foot home in Orlando, FL, which offered all manner of luxurious amenities, including a movie theater, a gym, and a mini golf course.

At the time, the singer says he was regularly checking in with his accountant to ensure that his finances were in good standing—noting that he asked for permission before purchasing the home in 2001 for $2.7 million, because he was afraid of spending too much money.

“Money was coming in. I asked my accountant, ‘Hey, are we good?’ ‘Yeah, we’re great.’ ‘I’m OK to buy this house, right?’ He goes, ‘Your kids’ kids’ kids will be fine,'” Fatone recalls in a clip obtained by Entertainment Weekly.

NSYNC Portrait Session
*NSYNC star Joey Fatone has lifted the lid on his brutal financial struggles in the wake of the boy band’s sudden hiatus—revealing that his money woes became so severe, he was forced to sell his family home. ( Bob Berg/Getty Images)
Teen People's First Anniversary Party - Los Angeles
Fatone, 49, spoke frankly about his sudden fall from financial grace in a new Investigation Discovery documentary, explaining how the shock decision to put *NSYNC on an indefinite break in 2002 left him in a desperate situation. (SGranitz/WireImage)

However, Fatone notes that, in hindsight, his accountant was likely unaware that his regular stream of income was about to be shut off, almost overnight.

By 2011, his financial situation was in a much more severe state, leading to his new accountant urging him to sell his expansive mansion as quickly as possible to avoid impending bankruptcy.

“10 years later … when I go to a new accountant, I say, ‘Hey man, can you look at my finances and what’s going on?’ And he goes, ‘You need to get out of that house or you’re gonna go bankrupt.’ I went, ‘I’m sorry, what?'” Fatone reveals.

The extent of his financial woes was made painfully clear to him on Christmas, when his electricity was suddenly shut off because he was unable to pay the bill—just as his family was preparing to open gifts and sit down to their holiday meal.

At the time, Fatone was married to Kelly Baldwin, with whom he shares two children—and the two had invited several members of his extended family for a celebration.

“There was one point during Christmas they shut off the lights to my house because I didn’t pay the bill,” he shares in the documentary. “I almost was gonna go bankrupt. And I have a family. This is when I am married, I have two kids.”

While he conceded that these kinds of financial hardships happen every day, Fatone added that he was facing further complications because of his fame—and his desire to keep his situation out of the public eye.

“These are certain things that happen in normal people’s lives as well, but then you have to figure out, for me, how do I do this without the public even watching of what’s going on?” he explains.

Fatone said he quickly swallowed his pride and turned to the people in his life who “had the most money” to ask them for financial assistance—but found the door shut in his face on more than one occasion, leaving him with little choice but to move his family in with his parents in Las Vegas.

Meanwhile, property records show that his Florida home was put on the market in 2009 for $5.9 million, before that price was raised to $6.5 million in June 2010. However, having failed to find a buyer by the following February, Fatone was forced to auction off the dwelling for the much lower price of $3.3 million.

Though humbling, he admits that this experience encouraged him to embrace a new role in life—one that didn’t rely on his past fame or *NSYNC successes, but instead focused on a career that he forged himself, even if that meant accepting jobs that he previously wouldn’t have considered.

Investigation Discovery Holds An Exclusive Evening With "Boy Band Confidential" Executive Producer Joey Fatone & Special Guests
By 2011, his financial situation was in a much more severe state, leading to his new accountant urging him to sell his expansive mansion as quickly as possible to avoid impending bankruptcy. (Jon Kopaloff/Getty Images for Investigation Discovery)
2023 MTV Video Music Awards - Backstage
Fatone—who reunited with his fellow bandmates in 2023—said the experience made him grateful the other *NSYNC members hadn’t had to go through similar difficulties. (Kevin Mazur/Getty Images for MTV)

“I lived in Vegas for almost a year, busted my ass to slowly build back up kind of a career in a sense,” he explains. “I went from performing in stadiums to, a year later, two years later, doing Broadway and then, all of a sudden, when things go down, I’m doing ‘The Price Is Right’ at Bally’s, a live show in front of maybe 100 people.”

Speaking to People magazine, Fatone said this rock-bottom period in his life also taught him another important lesson—that it was ultimately his choice how he handled the disappointment.

“Talking about possibly going bankrupt myself and going down that path, when you had millions of dollars … to almost have nothing, it’s like, what do you do?” he said.

“Do you go off the deep end, like some people have, and go to addiction to try to get your body numb and not think about it? Or do you get the positive attitude and go, ‘You know what? I can do it.'”

Fatone also experienced a newfound love of music and performing, explaining that it helped him to stay positive, even in the toughest times.

“I love performing and I loved hosting. Honestly, me and [fellow executive producer Joe Mulvihill] have always talked about this,” he said. “I’ve always just had a positive attitude, no matter what happens. You just have to think and realize there’s always light at the other side, in some way, shape, or form.”

He explained that although his sense of “normalcy” was taken away from him following the end of the boy band, he knew he couldn’t let it take over his life.

“You may not get there right away. It may not happen overnight, but you will get there. Like I said in the doc, living with my parents with a wife and two kids and not knowing when I’m actually going to get out and into my own place and have some normalcy … it was kind of taken away, with not knowing financial things and what I was doing,” he added.

Although Fatone’s life didn’t go as planned, he was thankful that some of his other boy band members weren’t experiencing the same fate.

“It’s amazing to see the clarity. That’s another cool thing, to watch somebody where they’re cloudy back in the day and then see their face and see them come to clarity, which is absolutely amazing,” he revealed.

Ryan Seacrest Reveals His Dating ‘Red Flags’ as He Sets Out To Find Love Again After Relisting His Very Romantic Napa Valley Estate

TV personality Ryan Seacrest has opened up about his dating red flags, while admitting that he may soon open himself up to apps like Tinder in his quest to find love, two years after ending a yearslong romance with model Aubrey Paige.

Addressing his dating struggles in the latest episode of his podcast, “On Air With Ryan Seacrest,” the 51-year-old gave a short list of “red flags” for any future love interests—noting that he is turned off by anyone who doesn’t greet another person while biking or running.

“When you’re out on a run or a walk or a bike ride, do you say hi to people that pass? If you don’t, I’m not so sure about you,” he joked. He added that he likes to take his dates out for a “little exercise” as a “test” to see how they interact with others.

As for his “green flags,” Seacrest called attention to another morning ritual, specifically his preferred beverage.

“I really look forward to getting up and having my coffee,” he explained. “I think if we can’t share that moment together, it’s a red flag. So, ‘I need coffee’ is a green flag. Don’t have a lot, and please don’t put milks and stuff in it.”

Ryan Seacrest appears to be embracing a season of change, recently revealing that he is open to trying out dating apps such as Tinder—mere weeks after listing the Napa Valley estate he has owned since 2020. (Realtor.com)
The 51-year-old previously described the St. Helena, CA, property as the place where he feels most able to unwind. (Realtor.com)
He initially listed the home in April 2025—exactly 12 months after he split from Aubrey Paige, whom he had dated for three years. (Realtor.com)

He later said that he planned to “be on Tinder” later that night so he could begin his search for the ideal partner. It’s unclear whether he’s had any luck.

Seacrest appears to be embracing a significant season of change in his personal life of late—having just relisted his sprawling Napa Valley estate for $19.8 million. This is the second time he has attempted to offload the picturesque property.

He initially listed the home in April 2025—exactly 12 months after he split from Paige, whom he had dated for three years. Before Paige, he dated chef Shayna Taylor from 2013 to 2020. He also previously had a relationship with dancer Julianne Hough.

Interestingly, his Napa Valley abode, which is located in St. Helena, CA, would likely serve as the ideal spot to have a date—with Seacrest previously revealing that it is the place where he feels most able to “slow down and take it all in.”

“It’s such a peaceful spot, and the views out over the valley floor are unforgettable,” he said in a press release announcing the listing. “You can even see the hot-air balloons drifting by in the distance. It’s the kind of place where you naturally want to slow down and take it all in.”

The home spans 10,750 square feet, which includes five bedrooms and six bathrooms.

The listing, which is held by Cyd Greer of Coldwell Banker Boker of the Valley, highlights the pool, guesthouse, cottage, and more amenities.

“Originally built in 2004, the property underwent a significant remodel in 2023/2024, blending timeless elegance with a fresh, light-filled space tailored for today’s modern lifestyle,” the listing reads. (Realtor.com)
The home features several enormous living spaces, including a chef’s kitchen with a fireplace. (Realtor.com)
The 10,750-square-foot home has five bedrooms and six bathrooms. (Realtor.com)
Throughout the home, enormous walls of windows create indoor-outdoor flow. (Realtor.com)
Luxe details include reclaimed wood beams and wide-plank oak floors. Custom cabinetry, lighting, doors, and windows were all installed. (Realtor.com)

“Originally built in 2004, the property underwent a significant remodel in 2023/2024, blending timeless elegance with a fresh, light-filled space tailored for today’s modern lifestyle,” the listing reads.

The luxurious property is surrounded by lush greenery, which adds another layer of privacy to the remote setting.

Upon entering the home, guests are greeted with an expansive living area with a soaring ceiling, a chic fireplace, and access to the outdoor area.

The dining area boasts an all-white color palette and a wood-beamed ceiling.

“Built to exceptional standards, the home showcases chiseled limestone walls, reclaimed wood beams, seven fireplaces, and expansive pocketing doors seamlessly connect indoor and outdoor living spaces. Outdoor living areas feature an infinity-edge pool and spa, a spacious central courtyard for large scale dining, inviting view terraces, a bocce court and a 220-tree Italian olive grove,” adds the listing.

Highlights of the main house include an inner courtyard, a chef’s kitchen, and a spacious primary suite with an office and private terrace.

The layout includes a library gallery, TV room, gym, laundry, garden room, storage room, and three-car garage.

“It’s such a peaceful spot, and the views out over the valley floor are unforgettable,” he said in a press release announcing the listing. (Realtor.com)
Outside, mature trees and native plantings dot the landscape, which also sports an infinity pool and spa and a bocce court. (Realtor.com)
There are multiple outdoor dining and entertaining spaces. (Realtor.com)
“Located just minutes from Meadowood Resort and downtown Saint Helena, this Napa Valley estate promises a lifestyle of luxury, privacy, and sophistication, perfectly suited for those seeking the ultimate in resort-style living,” adds the listing. (Realtor.com)

Luxe details include reclaimed wood beams and wide-plank oak floors. Custom cabinetry, lighting, doors, and windows were all installed.

There are seven wood-burning fireplaces in the main house, including a kitchen fireplace with a rotisserie and a pizza oven. The living room has a dry bar and pocket doors to the side terrace.

Outside, mature trees and native plantings dot the landscape, which also sports an infinity pool and spa and a bocce court.

Seacrest added 220 fruiting Italian olive trees. The property is equipped with security and surveillance systems, built-in audio, a Lutron lighting system, and a whole-property backup generator.

The luxe bathrooms boast marble vanities, soaking tubs, and glass-enclosed showers.

“Located just minutes from Meadowood Resort and downtown Saint Helena, this Napa Valley estate promises a lifestyle of luxury, privacy, and sophistication, perfectly suited for those seeking the ultimate in resort-style living,” adds the listing.

Seacrest previously attempted to offload the home in 2024 for $22 million. He took it off the market the following year.

EXCLUSIVE: Lizzo Finally Sells Beverly Hills Home at a $3.9 Million Loss After Spending More Than a Year Trying To Find a Buyer

Pop sensation Lizzo has finally sold her beleaguered Beverly Hills, CA, mansion—but has taken a $3.9 million loss on the property after spending more than a year trying to secure a buyer.

The “Tempo” hitmaker, 37, whose real name is Melissa Viviane Jefferson, snapped up the dwelling for $15 million nearly four years ago, but after just a year and a half of ownership, she put it back on the market in December 2024 for the elevated asking price of $15.99 million.

Built in 2018, the property was constructed on the same parcel where musician Harry Styles had previously owned a home, however that dwelling was demolished soon after he moved out in 2016 and replaced with the newer abode.

But for all its celebrity ties, the property struggled to find a buyer—prompting Lizzo to steadily lower her asking price on multiple occasions over the following year, eventually dropping it to $12.5 million in January.

Earlier this month, Mansion Global reported that Lizzo had found a buyer for the home, and now Realtor.com® can exclusively reveal that the songstress has closed on that deal, accepting an even lower offer of $11.15 million, nearly $4 million less than she paid for the home four years ago and more than $1 million below the most recent asking price of $12.5 million.

Pop sensation Lizzo has finally sold her beleaguered Beverly Hills mansion—but has taken a $3.9 million loss on the property after spending more than a year trying to secure a buyer. (Slaven Vlasic/Getty Images for Amazon)

According to the listing, which was held by James Harris of Carolwood Estates, the abode is “nestled within the prestigious gated enclave of Oak Pass Road in Beverly Hills.”

It was described a “modern sanctuary [that] embodies a rare synergy of architecture and nature. Positioned on a peaceful .32-acre lot, this three-bedroom, five-bathroom retreat offers a secluded haven with panoramic canyon and hillside vistas,” the listing adds.

The pad is crafted with “wood, stone, glass and fire elements,” that allow every room in the home to “welcome the outdoors through expansive floor-to-ceiling glass, creating a zen-inspired atmosphere for ultimate relaxation.

“The home’s L-shaped design and sculpted landscape enhance privacy, embracing the surrounding natural beauty,” the listing notes.

Upon entering the property, guests are greeted with an expansive living room that comes complete with a built-in bookshelf and a chic stone fireplace.

Adjacent to the living area, there is an elegant dining room with wood-beamed ceilings and black glass doors doors the give way to the outside.

The chef’s kitchen features a large marble island with enough seating space for four people, state-of-the-art appliances, and an expansive glass window that overlooks sweeping views of California.

Upstairs, there is a moody crystal room filled with crystals, a cozy couch, and a slew of musical instruments—making it the perfect spot for the songstress to record her hits.

Built in 2018, the property was constructed on the same parcel where musician Harry Styles had previously owned a home. (Kevin Mazur/Getty Images for Pandora)

“A dedicated gym and wellness area, private studio/office, theater room, and an outdoor kitchen with a fire pit complete this residence, a true celebration of refined, tranquil living in an extraordinary setting,” the listing adds.

The chic bathroom is the definition of luxury as it comes complete with a large soaking tub and a glass shower.

Outside the abode, there is a saltwater infinity pool, which offers breathtaking views from the lounge chairs, and plenty of lush greenery.

“Terraces along the property reveal sweeping views of the private backyard and surrounding mountains, with an inviting spa and lounge area designed for alfresco dining and gatherings, the listing stated.

“Oak Pass Road is an exclusive gated neighborhood in Beverly Hills Post Office situated west of North Beverly Park, with only 42 private residences offering unparalleled access to the shopping, dining and nightlife of Rodeo Drive and the iconic Beverly Hills Hotel.”

Lizzo rocketed to superstardom six years ago when she released her third studio album with hits such as “Juice” and “Tempo.”

She’s since created an extensive collection of Grammy-winning music, and she won an Emmy for her reality competition show, “Lizzo’s Watch Out for the Big Grrrls.”

Before her breakout success, Lizzo trained as a professional flutist and struggled to work her way into the hip-hop industry. She also famously had a stint living in her car.

Million-Dollar Home Sales Are Growing—and Affluent Buyers Are Paying in Cash

The market for million-dollar homes is expanding across the United States, but growth isn’t limited to traditional luxury hubs. The metros of Colorado Springs, CO, Durham-Chapel Hill, NC, and Seattle are also seeing significant increases in seven-figure sales, driven by distinct factors.

In Seattle, tech wealth and limited housing are driving the trend, whereas the appeal of Colorado Springs as a military hub and an influx of high-income residents are fueling its growth. Meanwhile, Durham-Chapel Hill’s tech and life sciences industries are attracting investment and boosting demand.

Unsurprisingly, California’s coast continues to draw a steady stream of affluent buyers, many of whom are paying for their homes in cash. Cities such as San Luis Obispo and Los Angeles exemplify this trend, with a high proportion of sales exceeding the million-dollar threshold.

The expansion of the $1 million-plus housing market is largely being driven by rising property values, which continue to push more homes into the luxury category.

“In some markets, particularly in high-priced California metros, $1 million isn’t necessarily a luxury price—it’s just the norm for a typical home,” says Hannah Jones, senior economic research analyst at Realtor.com®.

Nationally, there have been increases in both the number and share of such sales in more than half of the 200 largest metros in the year ending November 2024, according to the National Association of Realtors®.

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And, over the past year, nearly 300,000 home sales surpassed the $1 million mark, up from 275,000 the previous year, according to Realtor.com data.

Many high-end buyers either purchase homes in cash, avoiding borrowing costs entirely, or use financing strategies that help minimize the impact of higher mortgage rates.

Experts point to a combination of rising interest rates and limited inventory as key drivers of this trend. With 30-year fixed mortgage rates hovering between 6% and 7%, many potential buyers are being priced out of homeownership.

“Million-dollar homebuyers are often on their second or third home transaction, with a significant percentage of cash down payment, allowing for greater budgetary flexibility,” says Jay K. Gupta, broker associate at Equity Colorado Real Estate.

(Realtor.com)

Coastal markets lead the way

California’s coastal cities remain at the forefront of the seven-figure home boom. San Luis Obispo recorded the largest surge, with 38.6% of all home sales surpassing $1 million—a 6.5 percentage-point increase from the previous year. The Los Angeles metro area followed closely, with sales over $1 million climbing by 5.9 points, now comprising 47.7% of all transactions.

Other coastal cities, such as Seattle, also saw notable gains. The share of $1 million-plus home sales in Seattle rose by 5.5 percentage points, now representing 27% of the market.

Cash transactions remain a major factor in these markets. In Los Angeles, nearly half of purchases in this category are cash-based—a trend similarly observed in Seattle.

San Luis Obispo, CA, recorded the largest surge, with 38.6% of all home sales exceeding $1 million.

Luxury growth beyond California

While California leads the high-end real estate market, other metro areas across the country are also experiencing a sharp increase in sales of homes above the $1 million mark.

In Colorado Springs, 14.2% of homes sold in 2024 exceeded seven figures, reflecting a 6.3 percentage-point jump from the previous year.

“Colorado Springs is a highly livable city, consistently ranking on livability indexes. With abundant trails, open spaces, and a strong school system, it’s an attractive place to live,” says Benjamin Day, managing broker at LIV Sotheby’s International Realty in Colorado Springs.

In 2024, 12.6% of homes sold in Durham-Chapel Hill surpassed $1 million, marking a 5.5 percentage-point increase year over year.

The Triangle region, which includes Raleigh, Durham, and Chapel Hill, is a growing hub for industries such as technology, life sciences, advanced manufacturing, and clean technology. Major employers like Duke University, IBM, and Cisco Systems, alongside hundreds of biotech and research firms, are fueling innovation and job growth in the area.

“The Durham-Chapel Hill area is home to numerous colleges, universities, and medical facilities, which have driven significant migration and employment opportunities. North Carolina has historically been more affordable than many other markets, and it offers a mild climate,” says Cara Ameer, a real estate agent licensed in California and Florida with Coldwell Banker.

Meanwhile, Colorado Springs has positioned itself as a rising tech hub, ranking second among North America’s emerging technology markets. Companies such as Oracle and Hewlett Packard Enterprise have expanded their operations there, attracting high-income professionals. Over the past five years, tech wages in Colorado Springs have surged by 20%, further driving demand for luxury homes.

“The city is home to major industries, from aerospace and cybersecurity to a booming tech sector. With five military installations, a large defense industry, and even a five-diamond resort like The Broadmoor, Colorado Springs has a diverse economic foundation,” adds Day.

Colorado Springs, CO, recorded a sharp increase in high-end home sales, with 14.2% of home sales surpassing $1 million.

A resilient luxury market

The continued demand for luxury properties highlights the resilience of the high-end housing sector, even as affordability challenges persist for the broader market. Realtor.com data shows that the median national list price reached $400,500 in January 2025.

“Buyers in higher price tiers are generally better equipped to handle rising rates and tend to prioritize factors like location or home size,” adds Jones.

According to the Realtor.com 2025 Housing Forecast, existing-home sales are expected to grow by only 1.5% year over year, reaching an annual total of 4.07 million sales.

“The luxury market has been surging, and luxury buyers are largely insulated from high mortgage rates and down payment concerns. They move because they want to, and they often seek change, investment opportunities, or a new lifestyle,” says Ameer.

The growing presence of tech companies in cities like Colorado Springs is another factor expected to sustain demand for high-end properties. As these businesses continue expanding, they attract highly paid professionals willing to invest in luxury real estate—further pushing prices upward.

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As home prices rise and economic factors shift, the million-dollar-plus housing market remains one of the most resilient segments of the real estate industry.

With affluent buyers continuing to drive demand, million-dollar home sales will likely remain a key indicator of market strength in 2025 and beyond, says Day.