For many, luxurious living is synonymous with a hefty price tag—and according to Realtor.com's new What is Luxury? report, that price has climbed significantly over the last decade. The report, ...

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The definition of luxury real estate has evolved, and the $1 million mark no longer carries the same cachet it did 10 years ...

Realtor.com's What Is Luxury report found that the threshold for what's considered luxury has grown from $796,622 in 2016 to $1.3 million in 2025.