Welcome home to this wonderful property in charming Old Encinitas packed with eco-friendly choices and spacious living areas. Enjoy coastal living with rural ambiance on a cherished street with other custom homes, just minutes from Moonlight Beach, the San Diego Botanical Gardens and downtown Encinitas and the 101. Situated on a generous lot, the property features owned solar plus rainwater and greywater capture systems, perfectly suited for the professionally designed backyard orchard. The gracious living room greets you with its soaring ceilings, wonderful light, Santos Mahogany wood flooring, and a view through the French doors to the incredible back yard. The family/music room offers a beautiful beehive fireplace and connects with one of the two ensuite bedrooms located downstairs, offering the potential for multigenerational living. Upstairs, you’ll find an amazing primary suite, and an equally large 4th bedroom suite, both with ocean views and oversized balconies. The expansive kitchen, which opens to the dining room, boasts Viking Professional, Sub Zero and Bosch stainless steel appliances, a walk-in pantry, and a lovely view into the back yard. Wander through the rainwater irrigated orchard and you’ll see fig, lime, Meyer lemon, May Pride peach, multiple mature avocado trees and more, amongst drought tolerant native plantings and raised garden beds. The west-facing outdoor deck and grassy area are ideal for large gatherings or play, while the spa is a relaxing spot to enjoy sunsets throughout the year. Don’t miss this opportunity to live in the heart of Encinitas!
Quiet luxury may have fall out of fashion. In real estate, it never left.
If the trends of 2025 carry forward, luxury real estate enters 2026 on solid footing. Prices are holding steady. Inventory is growing at a healthier pace. And buyers and sellers alike are operating with disciplined consistency rather than urgency.
While most media headlines have been focused on uncertainty and the general market “slowdown,” luxury real estate quietly outperformed the broader housing market in 2025, reinforcing its role as a portfolio anchor rather than a speculative play. Based on The Institute for Luxury Home Marketing’s analysis (“the Institute”), luxury home sales rose 2.9% — nearly double the 1.7% growth rate of the traditional housing market, as the Realtor.com economic research team reported back in November 2025.
This finding forms the backbone of the Coldwell Banker Global Luxury® program’s The Report 2026, now out.
With 2026 well underway, we’re taking a closer look at why luxury real estate is bucking broader market trends and what’s driving this more stable, more restrained era for the luxury market.
1. The Luxury Real Estate Market Is Capital-Driven, Not Credit-Driven
The first reason luxury real estate is diverging from broader market trends is also the most obvious: it is driven by a distinct set of structural drivers. It is less dependent on credit, with many luxury transactions supported by significant equity or all-cash purchases, insulating the segment from rate volatility. That financial flexibility allows buyers and sellers to align decisions with long-term
wealth strategy rather than short-term market pressure.
2. Luxury Real Estate Is a Portfolio Anchor
At a time when financial markets have grown more unpredictable, luxury real estate continues to demonstrate the characteristics of a mature, stabilizing asset class. The home is now being evaluated alongside private equity, art, and other long-term holdings. Buyers are increasingly approaching the housing market with this more institutional mindset, helping to insulate the sector from volatility and reinforce its role as a portfolio anchor.
This is showing up in a few data points, highlighted in The Report 2026. For example, Altrata found that the absolute dollar value invested globally in real estate has risen nearly 30% since 2020, even through one of the most turbulent macroeconomic periods in recent memory. During that same historical window, very-high-net-worth (VHNW) real estate wealth climbed from $5.64 trillion to $6.55 trillion, while ultra-high-net-worth (UHNW) property assets grew from $2.61 trillion to $3.04 trillion. The practice of so-called “nest investing” is also gaining traction, evidenced in spending patterns tracked by Altrata. The company projects global home-related expenditures to rise 4.8%, and 6.0% annually in the U.S., among individuals with more than $5 million in net worth, with U.S. UHNW households now spending 18.5% more on home luxuries than on personal goods.
3.Demand for Quality Is Keeping Luxury Home Prices Elevated
At year’s end, luxury prices posted steady gains, marking a clear departure from the uneven conditions of the past two years. According to the
Institute, median sold prices for luxury detached homes rose 3% year-over-year from 2024 and 9.3% compared to 2023. Prices for attached properties also gained about 4% annually, though performance was more uneven month to month.
What’s significant here is why prices are holding. Pricing power now rests in the limited supply of homes that deliver quality, condition, and lifestyle alignment. Affluent buyers—often motivated by immediate gratification—are rewarding homes that feel current, turnkey,
and aligned with how they actually live. That dynamic is echoed in our survey of 139 Luxury Property Specialists for The Report: More than 30% of them told us that movein-ready homes are the most sought-after among affluent buyers, and over half reported that these properties routinely command 11–30% premiums. By contrast, dated properties requiring major renovation are facing longer timelines and sharper negotiation, with about 59% of Luxury Property Specialists reporting that homes in need of redesign are the hardest to sell.
4. Inventory Growth Is Restoring Balance
One of the most notable shifts of 2025, according to The Report 2026, was the return of healthier inventory growth—without the destabilizing effects typically seen in the broader market.
Single-family luxury listings were up 14% year-over-year and nearly 32% compared to 2023. Attached inventory rose even faster, climbing 11.8% from 2024 and 37.5% from 2023.
Importantly, this increase in supply did not destabilize pricing. Instead, it introduced much-needed balance. Well-located, movein-ready homes continued to attract strong interest, while less compelling listings took longer to sell.
5. Single-Family Homes Are Carrying the Market
Another stabilizing force can be seen in where demand is concentrating: the single-family luxury home segment.
Sales of detached luxury homes rose 4.2% from 2024 and 3.7% from 2023 as privacy, space, and long-term adaptability (particularly around wellness, outdoor living, and multigenerational use), have become higher priorities for the affluent. “As demand for single-family homes increased in 2025, so did the price buyers were willing to pay relative to list price,” which suggests that there isstronger buyer–seller alignment on market value in this segment, Vice President of Global Luxury Michael Altneu wrote in his foreword for The Report.
Attached properties still post a higher SP/LP%, but they have followed a more noticeable downward
trajectory, reflecting buyers’ and sellers’ greater willingness to negotiate in a slower, more supplyrich environment. Condos and townhomes remain strong in global gateway cities and select resort markets, but buyers are approaching them with sharper scrutiny—paying closer attention to fees, building health, and long-term operating costs.
6. Financial Flexibility Is Reducing Urgency on Both Sides
Luxury Property Specialists observed a marked decline in urgency among both buyers and sellers in 2025. As Betsy Ronel, a Luxury Property Specialist in Bedford, New York, a historic, affluent town in Westchester County, recounted for us: “Sellers and buyers in the luxury sphere are not as reliant on market conditions. Those who want to buy are buying. Those who are selling are looking to maximize the market because they often have other properties to enjoy if they sell one. They don’t have to move, but with a solid offer that aligns with their timeline, they will make a deal. Buyers at this level will purchase if a property offers what they require and if the price is right. These clients have
many options, so there is little sense of urgency.”
This shared restraint helped preserve market balance even as inventory expanded.
“We are facing a balanced market for the first time in over a decade,” added Ashley Boykin, a Luxury Property Specialist in Middle Tennessee. “However, sellers who are taking the time to get their homes in excellent condition are reaping the benefit of patient buyers ready to pull the trigger.”
Real Estate’s Enduring Value
In a moment when many asset classes feel exposed to volatility, luxury real estate continues to stand apart. Increasingly, it’s being evaluated not only as a store of wealth, but as a hybrid asset that combines long-term wealth preservation with lifestyle return.
Luxury real estate’s timeless, durable qualities— the ability to endure beyond short-term market swings—are what mark it as the year’s true “quiet luxury” performer.
LOS ANGELES
1815 GREENFIELD DRIVE
6 UNITS
$2,900,000
MLS# PTP2600191
MIRA MESA
11151-53 ACASO WAY
2 UNITS
$1,099,500 - $1,150,500
MLS# 260007472
MISSION VALLEY
8571 ASPECT DRIVE
3 BR | 2.5 BA | 1,666 ESF
$1,465,000
MLS# PTP2602502
MOUNTAIN CENTER
61390 STATE HIGHWAY 74
6 BR | 7 FULL & 5 HALF BA | 1,600 ESF
$1,299,900
MLS# PTP2600319
NORMAL HEIGHTS
5036 LITCHFIELD ROAD
3 BR | 2 BA | 1,908 ESF
$1,750,000
MLS# PTP2508148
OCEAN BEACH
4527 NARRAGANSETT AVENUE
5 BR | 4.5 BA | 3,650 ESF
$4,500,000
MLS# 250043069
OCEAN BEACH
4776 DEL MONTE AVENUE
2 UNITS
$2,450,000
MLS# PTP2602512
OCEAN BEACH /SUNSET CLIFFS
1185 BARCELONA DRIVE
4 BR | 4.5 BA | 3,052 ESF
$4,295,000
MLS# 260007902
OCEANSIDE
5179 VIA MINDANAO
4 BR | 2 BA | 2,237 ESF
$990,000 - $1,125,000
MLS# PTP2602066
OTAY MESA
5204 TOPSAIL DRIVE
6 BR | 3 BA | 2,859 ESF
$1,150,000
MLS# PTP2601014
OTAY MESA
1614 AREQUIPA STREET
5 BR | 3.5 BA | 2,299 ESF
$925,000
MLS# PTP2600502
PACIFIC BEACH
3901 HAINES STREET
3 UNITS
$3,350,000
MLS# NDP2603151
BANKER
AROUNDTHE WORLD
NORTH CYPRUS
With 300 days of sunshine, golden beaches, and stunning countryside surrounded by ancient historical cities, North Cyprus offers unexpected wonders. “North Cyprus is a piece of heaven where you will find peace, friendly people, the best service and the best investment opportunities,” says Aylin Pelin Onar, owner of Coldwell Banker Maximum and Global Luxury Ambassador. As the third largest island of the Mediterranean, North Cyprus is a growing destination for both tourism and investment endeavors. It’s no surprise that the swooping views from mountains to sea, and an impressive 10-year return on real estate investment has the luxury real estate market booming in North Cyprus and is expected to keep expanding to sustain the demand. Aylin Pelin Onar continues, “We benefit from the knowledge, technology, training and international network of Coldwell Banker to
the fullest. With this, we have succeeded to be a company that broke new ground in North Cyprus.”
Aside from the luxurious real estate, North Cyprus has a growing tourism industry and welcomes visitors around the world for lazy resort vacations or activity-packed adventures. The culinary experience of North Cyprus cannot be compared to many other parts of the world, as a meal begins with, traditionally, 24 types of hors d’oeuvres before the main meal is even served! After indulging in the local delicacies, you should be sure to stroll the eclectic villages and handcraft markets, try your luck at a popular casino, meet with friendly locals, or sit along the harbor with a cocktail as you watch the world go by. There is so much more to learn about this hidden gem of the Mediterranean… read on!
What is your favorite recreational North Cyprus, you can spend a lot summer and winter. The natural structure you to enjoy a wide range of activities beaches, cypress-covered hills ranges. To name a few, North Cyprus parasailing, scuba diving, vineyard/wine guided tours, and of course… gambling! entertainment in North Cyprus, but options such as bars, hotel lounges, hot clubs and pubs around.
Share a little known but interesting North Cyprus is the 3rd largest Continuing development of new luxury market is expected to keep For investors, North Cyprus is because the return on investment to be shorter than 11 years.
recreational or leisure time activity: In of time with various activities in structure of North Cyprus allows activities along the undiscovered hills and spectacular mountain Cyprus offers boat trips, jet skiing, vineyard/wine tasting tours, golf, historic gambling! Casinos are the center of but there are also plenty of nightlife lounges, and live music and DJs in the
interesting fact about the area/region: largest island of the Mediterranean. constructions and homes, the keep expanding to sustain demand. considered a hidden treasure for residential properties tends
