National luxury home prices remained steady at a $1.19 million entry-level threshold, with ultraluxury prices showing slight monthly gains despite annual declines. Older coastal markets feature smaller, legacy homes, while newer markets in the Sun Belt and Mountain West offer larger, recently built luxury homes often exceeding 3,500 sq ft. Top luxury markets mostly saw price declines, except for Heber, UT, and Key West, FL, which posted gains due to limited supply and strong demand.
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