Luxury home values have hit $1.8M, bucking the spring slowdown

by Richelle Hammiel

A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury homes are commanding more than double that price.

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