Luxury Residential Real Estate Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-30
The Luxury Residential Real Estate Market size was valued at around USD 600 billion in 2024 and is projected to reach USD 850 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6% during the forecast period, i.e., 2025-30. Various factors are associated with this market growth. The increase in demand for second homes and vacation homes is among the key drivers of the Global Luxury Residential Real Estate Market. Some 40% of wealthy Americans plan to purchase luxurious property abroad between 2025-26, while two-thirds would even look to buy property overseas within the next five years. This trend has been fueled by the desire for investment properties and lifestyle changes after the pandemic. Desired destinations include Europe, North America outside the U.S., and the Caribbean. Few reports indicate an increase of 25% in the purchase of luxury real estate by foreign buyers in the top 5% of the U.S. market in 2023. This burgeoning interest in second homes reinforces the luxury real estate market, providing affluent buyers with investment options and lifestyle diversity.
Markntel Advisor’s Luxury Residential Real Estate Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Luxury Residential Real Estate Market drivers, barriers, Luxury Residential Real Estate Market Trends, and Key Players in Luxury Residential Real Estate Market.
Our Latest Reports Now Include In-Depth Supply Chain Ecosystem Analysis, Enabling Businesses to Navigate Tariff Challenges with Greater Agility Get Sample Report: https://www.marknteladvisors.com/query/request-sample/luxury-residential-real-estate-market.html
Luxury Residential Real Estate Market Dynamics: 2025-2030
Luxury Residential Real Estate Market Driver:
Increasing Number of High-Net-Worth Individuals Driving Demand – The growing number of high-net-worth individuals across regions is boosting demand for the Global Luxury Residential Real Estate Market significantly. The total number of this group stood at 22.8 million in 2023 with an estimated combined wealth of around USD 86.8 trillion. By 2024, the number of global high-net-worth individuals is expected an increase of 4.7%. Moreover, the combined number of ultra-high-net-worth individuals further rose by 4.2% in 2023 and amounted to a total of 626,619 in the world. All of these have, therefore, led to the demand for luxury, high-end residential properties, eliciting major attention in hot markets like New York, Los Angeles, and Miami. 19% of HNWIs are now in the process of looking for investment options in luxury residential real estate, with 22% of ultra-high-net-worth individuals also projected to monitor the properties. With a solid infrastructure and favorable culinary conditions for HNWIs, places like Dubai, Singapore, and Monaco are becoming more attractive. HNWI population and wealth increase thus necessitate luxury residential real estate worldwide, consolidating the position of the market during the forecast period.
Browse Full Report with Detail Analysis – https://www.marknteladvisors.com/research-library/luxury-residential-real-estate-market.html
Luxury Residential Real Estate Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- By Type
- Flats- Market Size & Forecast 2020-2030, USD Million
- Condos- Market Size & Forecast 2020-2030, USD Million
- Penthouses- Market Size & Forecast 2020-2030, USD Million
- Townhouses- Market Size & Forecast 2020-2030, USD Million
- Villas- Market Size & Forecast 2020-2030, USD Million
- Mansions- Market Size & Forecast 2020-2030, USD Million
- Others (Vacation Homes, Farm Houses, etc.)
According to report, Out of them, the Villas segment leads the Global Luxury Residential Real Estate Market with approx.
- By Furnishing
- Fully Furnished- Market Size & Forecast 2020-2030, USD Million
- Semi-Furnished- Market Size & Forecast 2020-2030, USD Million
According to report, Out of them, the Fully Furnished category dominates the Global Luxury Residential Real Estate Market with approx.
- By Configuration
- 1-2 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- 3-4 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- 5-6 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- 7 & Above Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- By Size (sq. ft.)
- Less than 5,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- 5,000 – 10,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- 10,000 – 15,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- 15,000 – 20,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- Above 20,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- By Price
- 1–5 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
- 6-10 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
- 11-20 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
- 21-50 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
- 51- 100 (USD Millions) – Market Size & Forecast 2020-2030, USD Million
- Above 100 (USD Millions)- Market Size & Forecast 2020-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Luxury Residential Real Estate Market:
- Sotheby’s International Realty
- Lambert & Co.
- Emaar Properties
- Trump International Realty
- Elite Homes
- Grosvenor Group
- DAMAC Properties
- Botanica Luxury Phuket Co. Ltd.
- Pinanapin
- Wide Waters
- Country Garden Holdings Co. Ltd.
- Greenland Holdings Corp. Ltd.
- AHS Properties
- Pulte Group
- Sobha Realty
Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: [email protected]
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India