With the Association, companies have launched their first luxury luxury market for a joint brand luxury, and Century 21 agents will receive access to the benefits of the members of the Institute.
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Century 21 Real Estate and the Luxury Home Marketing Institute have launched a new collaboration and are starting things with their first luxury quarterly market report in a set, the companions announced on Thursday.
With the Association, the Affiliated Agents of Century 21 will receive access to the Institute of Benefits of Marketing Members in the home of Luxury, including access to luxury courses, local market reports, wealth ideas and marketing tools.
“The idea of luxury real estate continues to evolve for today’s rich buyers: it is not limited to a specific price, but rather a mentality and a lifestyle they seek to achieve,” Tori Keichinger, Vice President and Marketing Marketing Director for the century and the Marketing Chief.
“Understanding the trends in this form of this sector will be key to helping agents to guide customers to make informed decisions throughout their real estate trips. We could not think of a more perfect collaborator than the Institute for Mercades market agents in Luxury expand their businesses to the luxury sector.”
As part of the Fine Homes & Estate program, it is recently expanded from Century and Century 21, Century 21 and the Institute will also be organized with several live broadcast courses throughout the year led by the main Luxury Luxury agents Sarah Gunnip de Century, Incen. and Laura Heigl de Century 21 Fartz. The Shared Brand Report, which in previous iterations the Institute published each quarter, will be published jointly for companies at least until the end of the year, companies told Inman.
“We are very excited to forge this new relationship with Century 21 brand,” said Diana Weir, director of the Marketing Institute in Luxury’s home, in a statement. “They are not only providing their agents affiliated with access to the latest data in the luxury market, but we will work together to provide them with the best class courses and luxury agents of the institute, all delivered by Century 21 Networkers.”
Outstanding Pallors of the Luxury Market Q1
The first quarter of 2025 showed a positive impulse in the luxury space, according to Century 21 and the institute’s report, which tracked luxury sales closed in North America from January 2025 until the end of March 2025. March ended up fiscaling the row of the rowing cow in the rowing that grows and inventory. Sellers equally.
The luxury single -family housing inventory increased by 26.3 percent compared to the previous year, and the inventory of condominiums and luxury houses increased by 27.3 percent year during the year. The current average price threshold for luxury single -family houses is $ 900,000 and for attached homes, $ 700,000, chordination to the institute.
Sales of luxury single -family properties increased by 9.4 percent year after year and 2.4 percent year after year for condominiums and townhouses.
Movements of luxury buyers Duration The first quarter also indicated decisions based on lifestyle options, according to the report, with millennials and buyers of generation X that grow in number compared to previous years. “Instead of speculative turns or short -term gains, most transactions were anchored in long -term objectives, such as relocation, size or acquisition of secondary homes,” the report said.
The new construction continues to be slightly behind the rates of before 2008, but factors such as population growth, wealth migration and other demographic changes have helped maintain luxury demand, according to the report. Althegh Factors such as interest rates, geopolitical movements, the economy and more can affect the market in the coming months, the luxury market is ready for relative stability, Century 21 Chordination and the Institute’s report.
“Luxury real estate remain a preferred coverage against economic volatility and inflation, with many people with high heritage who see property as a central component of their portfolio,” says the report. “As confidence grows and improves supply, the market seems to be well positioned to absorb short -term shocks and continue its ascending trajectory.”
See the full luxury market report Q1 2025 here.
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