ROHN BOYD & RAYNA EVANS
LUXURY MARKET REPORT KAUAI | JULY 2026
With a shared passion for Kaua‘i’s architecture, lifestyle, and luxury market, Rohn Boyd and Rayna Evans combine decades of experience, design insight, and innovative marketing to deliver exceptional real estate service across the island. Rohn, a Hawai‘i-based Realtor® and broker with over 20 years of experience, is known for his expertise in luxury residences, fine properties, and development consulting. Through his development company, he has helped design and build some of Kaua‘i’s most notable homes, pairing craftsmanship and vision with a deep understanding of both the island’s market and construction process. Rayna, a Hawai‘i-based Realtor® who grew up on Kaua‘i, brings local insight and a modern, data-driven approach to real estate. Her analytical background and creative marketing help clients showcase their properties effectively and make confident decisions. Together, Rohn and Rayna blend proven results with forward-thinking strategy, offering an experience defined by professionalism, integrity, and the spirit of aloha. Whether you’re seeking your dream home, a new addition to your portfolio, or an investment that embodies island living, they offer the expertise and local connection to bring your vision to life.
TABLE OF CONTENTS PAGE 4-7
NORTH AMERICAN LUXURY MARKET REVIEW
PAGE 8
13-MONTH MARKET TRENDS
PAGE 9
SINGLE-FAMILY HOMES MONTHLY OVERVIEW
PAGE 10
ATTACHED HOMES MONTHLY OVERVIEW
PAGE 11-14
MONTHLY STATISTICS BY CITY
PAGE 15
LUXURY REPORT EXPLAINED
PAGE 16
WELCOME MESSAGE
PAGE 17-21 LOCAL LUXURY MARKET REVIEW PAGE 22
THANK YOU
NORTH AMERICAN LUXURY REVIEW 2026 LUXURY MID-YEAR REVIEW: A MARKET DEFINED BY RESILIENCE, SELECTIVITY, AND CONSTRAINT As we close out the first half of 2026, North America’s luxury real estate market continues to distinguish itself from the broader housing sector. While economic uncertainty, interest rate expectations, and geopolitical events have prompted caution across many segments of the economy, affluent buyers have remained remarkably active, reinforcing luxury real estate’s reputation as a resilient long-term asset. Rather than experiencing the slowdown many anticipated, the luxury market has spent the past six months demonstrating steady sales growth, stable pricing, and increasing competition for desirable properties. At the same time, however, inventory growth has slowed considerably compared to 2025 as fewer homeowners choose to bring their properties to market. The result is a luxury market that remains fundamentally healthy, but one that is becoming increasingly strategic. Buyers have become more discerning, sellers more cautious, while exceptional properties continue to command strong demand.
FIRST QUARTER: STABILITY SETS THE FOUNDATION The first quarter established the tone for the year, with the luxury market demonstrating steady, sustainable growth despite ongoing economic uncertainty. January closely mirrored the unusually strong start to 2025. While year-over-year sales were relatively flat, stable pricing and modest inventory growth reinforced that buyer demand remained intact. More notably, new listings declined compared to January 2025, signalling that last year’s inventory expansion might be beginning to slow. February reinforced these trends. Luxury single-family prices edged higher year-over-year, attached properties remained relatively stable, and sales activity held firm. Although inventory remained above 2024 levels, year-over-year growth moderated while the flow of new listings slowed, suggesting the market had reached a more balanced equilibrium following 2025’s supply recovery.
March provided the clearest evidence of the market’s underlying strength. Sales accelerated across both property types, significantly outpacing seasonal norms despite inventory remaining virtually unchanged from the previous year and new listings continuing to fall below 2025 levels. Rather than weakening demand, tighter supply resulted in available inventory being absorbed more quickly, gradually shifting market conditions back in favour of sellers. Overall, the first quarter established the key themes that would define the first half of 2026: resilient demand, price stability, and tightening supply.
SECOND QUARTER: A DIVERGENCE BEGINS TO EMERGE If the first quarter demonstrated the market’s resilience, April and May revealed one of the year’s defining trends: a growing disconnect between buyer demand and housing supply. Spring is typically the strongest season for new listings, but in 2026 both inventory growth and new listing activity consistently lagged behind 2025. April provided the first clear indication that this was more than a temporary fluctuation. Compared to April 2025, inventory declined across both single-family and attached luxury markets, by 4.4% and 8.5% respectively, while new listings also fell despite entering what is traditionally the busiest selling season. Under normal market conditions, this would suggest softening demand. Instead, sales continued to strengthen. Year-over-year single-family luxury sales rose nearly 7%, attached properties saw a slight gain of 0.6%, and pricing, sold-to-list ratios, and days on market remained remarkably stable. By May, the divergence became even more pronounced. Single-family sales accelerated by 10.3%, while attached properties rebounded by 2.7% after the brief slowdown in April. At the same time, inventory fell further below 2025 levels, as new listings declined by 10.0% and 8.8% respectively, which also saw an unusual month-over-month drop that typically does not occur until the summer season. However, rather than signalling weakening demand, available inventory was simply being absorbed faster than it could be replenished, which subsequently saw intensified competition for well-located, high-quality properties, particularly in the single-family segment.
JUNE: THE TREND BECOMES CLEAR June provided the strongest confirmation yet that the luxury market has entered a distinctly different phase than many expected at the start of the year. Sales accelerated significantly across both property types, with luxury single-family transactions rising 15.8% compared to June 2025 and attached luxury sales increasing 8.7%. Month-over-month activity also remained strong, demonstrating that buyer momentum had not faded as the market moved towards the traditionally slower summer season.
Pricing also remained stable. Luxury single-family homes posted year-over-year and month-over-month price gains of 3.9% and 3.6%, while attached properties maintained their median price despite minor monthly fluctuations. Just as importantly, sold-to-list price ratios strengthened slightly and days on market remained consistent with last year’s levels, indicating that buyer demand continues to support pricing without creating excessive market pressure. Constrained inventory continued to be the dominant theme. New listings trailed both the previous month and June 2025, pushing overall inventory below last year’s levels across both market segments. By mid-year, this had become a consistent pattern rather than a short-term anomaly. Looking across the first half of 2026 puts these monthly trends into perspective. Compared to the first six months of 2025, luxury single-family sales have increased by 8.3%, while attached luxury sales rose by 3.2%. Median sold prices also appreciated, increasing 1.2% for single-family homes and 2.1% for attached properties, while average inventory levels declined 3.9% and 5.9%, respectively. Taken together, these results paint a picture that differs markedly from much of the broader housing market narrative, as the luxury sector continues to chart its own course.
KEY FORCES SHAPING TODAY’S LUXURY MARKET The luxury market’s performance during the first half of 2026 has been shaped by buyer confidence, constrained supply, strategic demand and the enduring appeal of luxury real estate as a long-term investment. Unlike the broader housing market, where affordability continues to be heavily influenced by borrowing costs, affluent buyers have remained relatively insulated from higher interest rates. Many luxury purchases are supported by significant equity or cash, allowing buyers to focus less on financing conditions and more on long-term lifestyle and investment opportunities. At the same time, ongoing financial market volatility, geopolitical uncertainty, and inflation concerns have reinforced luxury real estate’s role as a stable store of wealth. For many affluent individuals, premium properties continue to offer both portfolio diversification and lasting lifestyle value, supporting buyer confidence even during periods of broader economic uncertainty. Perhaps the most significant trend has been the growing imbalance between supply and demand. As fewer homeowners chose to sell, available inventory was absorbed faster than it could be replenished, gradually strengthening seller leverage across many luxury markets. Tightening inventory has also heightened buyer selectivity, with well-designed, move-in-ready homes continuing to command premium prices.
WHAT TO EXPECT FOR THE SECOND HALF OF 2026 While the luxury market enters the second half of the year from a position of strength, several factors will determine how conditions evolve in the months ahead. Inventory will continue to be the key variable. If more homeowners choose to list after the summer months, buyers may see greater choice and more balanced market conditions. However, if new listings remain below historical norms, competition for high-quality homes is likely to intensify, particularly in the single-family segment. Affluent buyers are expected to remain active despite ongoing economic uncertainty. Supported by strong equity positions, accumulated wealth, and a long-term investment outlook, demand should continue to underpin pricing. While significant price acceleration appears unlikely, limited inventory is expected to help sustain home values, with local market conditions increasingly driving regional performance.
IN CONCLUSION The first half of 2026 confirmed that the luxury market continues to chart its own course, as affluent buyers have transacted with confidence despite a more uncertain economic backdrop. The year’s defining story has been the resilience of the luxury buyer. Continued demand from affluent purchasers has sustained sales, supported home values, and increased competition for exceptional properties, even as fewer homeowners chose to bring their homes to market. Although economic uncertainty will continue to influence consumer sentiment, the luxury market enters the second half of 2026 from a position of strength, supported by resilient demand, constrained supply, and buyers who continue to view luxury real estate as both a lifestyle choice and a long-term investment.
– 13 - MONTH MARKET TRENDS – FOR THE LUXURY NORTH AMERICAN MARKET
Single-Family Homes
Attached Homes
Single-Family List Price
Attached List Price
All data is based off median values. Median prices represent properties priced above respective city benchmark prices. 50
DAYS ON MARKET
45 40 35 30 25 20 15 10 5 0
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
45% 40%
SALES RATIO
35% 30%
Seller's
25%
21%
20%
Balanced
15%
12%
10%
Buyer's
5% 0%
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
MAR
APR
MAY
JUN
SALES PRICE VS. LIST PRICE
$1,700,000
$1,500,000
$1,300,000
$1,100,000
$900,000
$700,000
$500,000
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
– LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year June 2025 | June 2026
SINGLE-FAMILY HOMES June 2025
June 2026
Median List Price
$1,485,000
$1,500,000
Median Sale Price
$1,299,000
$1,350,000
Median SP/LP Ratio
98.38%
Total Sales Ratio Median Price per Sq. Ft.
June 2025
June 2026
Total Inventory
84,774
81,499
New Listings
26,704
26,605
98.65%
Total Sold
21,685
25,111
25.58%
30.81%
Median Days on Market
20
20
$403
$400
3,271
3,270
Average Home Size
Median prices represent properties priced above respective city benchmark prices.
99
3,426
New Listings
Total Sold
0
5.23%
Med. Sale Price
Days on Market
Sales Ratio
51,000
$
SINGLE-FAMILY HOMES MARKET SUMMARY | JUNE 2026 •
Official Market Type: Seller's Market with a 30.81% Sales Ratio.1
•
Homes are selling for an average of 98.65% of list price.
•
The median luxury threshold2 price is $900,000, and the median luxury home sales price is $1,350,000.
•
Markets with the Highest Median Sales Price: Whistler ($18,880,000), Silicon Valley ($5,475,000), Telluride ($4,647,500), and Los Angeles Beach Cities ($4,215,000).
•
Markets with the Highest Sales Ratio: San Francisco (183.1%), Baltimore City (161.9%), Chicago (106.4%), and Central Connecticut (96.9%). Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100%, sales from previous month
1
exceeds current inventory. 2The luxury threshold price is set by The Institute for Luxury Home Marketing.
– LUXURY MONTHLY MARKET REVIEW – A Review of Key Market Differences Year over Year June 2025 | June 2026
ATTACHED HOMES June 2025
June 2026
Median List Price
$895,328
$904,900
Median Sale Price
$900,000
$900,000
Median SP/LP Ratio
98.49%
Total Sales Ratio Median Price per Sq. Ft.
June 2025
June 2026
Total Inventory
28,694
26,999
New Listings
7,984
7,524
98.57%
Total Sold
5,199
5,650
18.12%
20.93%
Median Days on Market
29
30
$519
$512
1,869
1,935
Average Home Size
Median prices represent properties priced above respective city benchmark prices.
1
2.81%
Days on Market
Sales Ratio
460
451
$
0
New Listings
Total Sold
Med. Sale Price
ATTACHED HOMES MARKET SUMMARY | JUNE 2026 •
Official Market Type: Balanced Market with a 20.93% Sales Ratio.1
•
Attached homes are selling for an average of 98.57% of list price.
•
The median luxury threshold2 price is $700,000, and the median attached luxury sale price is $900,000.
•
Markets with the Highest Median Sales Price: Whistler ($3,537,500), San Francisco ($2,700,000), Park City ($2,337,500), and Naples ($2,200,000).
•
Markets with the Highest Sales Ratio: Morris County (100.0%), Howard County (88.1%), Arlington & Alexandria (87.0%), and San Francisco (79.7%). Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100%, sales from previous month
1
exceeds current inventory. 2The luxury threshold price is set by The Institute for Luxury Home Marketing.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES
ATTACHED HOMES
State Market Name
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
AB
Calgary
$1,049,000
$1,010,000
16
47.0%
Seller's
$769,900
$737,500
28
23.9%
Seller's
AZ
Chandler and Gilbert
$1,150,000
$1,010,000
45
32.1%
Seller's
-
-
-
-
-
AZ
Flagstaff
$1,595,000
$1,365,000
52
20.8%
Balanced
-
-
-
-
-
AZ
Fountain Hills
$2,949,500
$2,675,000
87
14.3%
Balanced
$710,000
$615,000
129
4.8%
Buyer's
AZ
Mesa
$924,000
$875,000
55
28.4%
Seller's
-
-
-
-
-
AZ
Paradise Valley
$5,999,999
$3,750,000
89
18.9%
Balanced
-
-
-
-
-
AZ
Phoenix
$899,995
$850,000
54
32.2%
Seller's
-
-
-
-
-
AZ
Scottsdale
$2,294,645
$1,745,000
71
32.5%
Seller's
$869,000
$935,000
68
19.2%
Balanced
AZ
Tucson
$699,000
$695,000
40
25.9%
Seller's
-
-
-
-
-
BC
Okanagan Valley
-
-
-
-
-
-
-
-
-
-
BC
Vancouver
$3,880,000
$3,505,000
24
8.9%
Buyer's
$1,864,500
$1,710,000
20
12.8%
Balanced
BC
Whistler
$5,200,000
$18,880,000
213
1.3%
Buyer's
$2,322,500
$3,537,500
71
6.7%
Buyer's
CA
Central Coast
$2,650,000
$2,237,500
21
19.3%
Balanced
$1,150,000
$1,050,000
17
34.2%
Seller's
CA
East Bay
$1,999,894
$2,037,500
12
62.6%
Seller's
$1,098,000
$1,070,000
14
36.6%
Seller's
CA
Greater Palm Springs
$1,862,500
$1,750,000
69
23.5%
Seller's
-
-
-
-
-
CA
Lake Tahoe
$2,740,000
$1,700,000
23
26.7%
Seller's
$1,895,000
$1,675,000
23
16.4%
Balanced
CA
Los Angeles Beach Cities
$5,999,999
$4,215,000
23
14.1%
Balanced
$1,895,000
$1,737,500
30
25.5%
Seller's
CA
Los Angeles City
$4,997,500
$3,720,000
25
15.0%
Balanced
$1,599,000
$1,565,000
36
12.3%
Balanced
CA
Los Angeles The Valley
$2,400,000
$2,075,000
38
23.5%
Seller's
$799,000
$815,000
35
21.8%
Seller's
CA
Marin County
$3,549,900
$3,100,000
11
94.1%
Seller's
$1,242,500
$1,525,000
42
39.5%
Seller's
CA
Napa County
$2,950,000
$2,212,500
52
8.8%
Buyer's
-
-
-
-
-
CA
Orange County
$2,790,000
$2,157,500
21
33.6%
Seller's
$1,232,000
$1,187,500
23
31.8%
Seller's
CA
Placer County
$1,175,000
$1,076,500
16
31.8%
Seller's
-
-
-
-
-
CA
Sacramento
$975,000
$916,000
14
41.1%
Seller's
-
-
-
-
-
CA
San Diego
$2,265,000
$1,913,892
12
41.1%
Seller's
$1,140,000
$1,072,500
24
25.4%
Seller's
CA
San Francisco
$3,800,000
$3,525,000
12
183.1%
Seller's
$2,895,000
$2,700,000
11
79.7%
Seller's
CA
San Luis Obispo County
$1,898,500
$1,400,000
26
26.1%
Seller's
-
-
-
-
-
CA
Silicon Valley
$6,877,500
$5,475,000
11
71.0%
Seller's
$1,798,800
$1,750,000
13
29.7%
Seller's
CA
Sonoma County
$2,295,000
$1,850,000
42
19.5%
Balanced
$749,450
$822,000
33
20.5%
Balanced
CA
Ventura County
$2,198,000
$1,689,500
63
25.1%
Seller's
$777,000
$808,332
45
17.5%
Balanced
CO
Boulder
$2,237,500
$1,647,500
47
26.0%
Seller's
$815,000
$912,000
46
19.7%
Balanced
CO
Colorado Springs
$950,000
$913,968
26
26.2%
Seller's
$577,000
$590,000
14
14.1%
Balanced
CO
Denver
$1,500,000
$1,445,000
18
32.8%
Seller's
$829,500
$792,500
28
19.7%
Balanced
CO
Douglas County
$1,275,000
$1,251,000
30
27.4%
Seller's
$575,000
$590,500
50
22.9%
Seller's
CO
Eagle County
$5,300,000
$3,575,000
14
6.1%
Buyer's
$2,267,500
$1,822,500
17
8.5%
Buyer's
CO
Summit County
$2,996,500
$1,827,980
26
11.9%
Buyer's
$1,200,000
$1,090,000
64
9.6%
Buyer's
CO
Telluride
$6,600,000
$4,647,500
293
7.0%
Buyer's
$2,400,000
$1,625,000
205
12.9%
Balanced
CT
Central Connecticut
$699,900
$639,000
5
96.9%
Seller's
-
-
-
-
-
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES
ATTACHED HOMES
State Market Name
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
CT
Coastal Connecticut
$2,200,000
$1,900,000
14
55.3%
Seller's
$799,000
$725,000
21
62.7%
Seller's
DC
Washington D.C.
$3,597,000
$2,995,000
14
27.4%
Seller's
$1,725,000
$1,675,000
12
45.3%
Seller's
DE
Sussex County
$1,595,000
$1,383,061
10
24.0%
Seller's
$825,000
$857,013
38
29.8%
Seller's
FL
Bay County
$975,000
$901,255
39
12.6%
Balanced
$749,000
$785,000
86
8.3%
Buyer's
FL
Boca Raton/Delray Beach
$2,865,000
$2,300,000
40
28.4%
Seller's
$998,000
$950,000
39
20.3%
Balanced
FL
Brevard County
$850,000
$758,500
42
37.9%
Seller's
$849,000
$720,000
45
8.4%
Buyer's
FL
Broward County
$1,800,000
$1,640,000
43
22.6%
Seller's
$699,900
$650,000
88
9.9%
Buyer's
FL
Charlotte County
$1,037,000
$950,000
89
13.0%
Balanced
-
-
-
-
-
FL
Coastal Pinellas County
$2,490,000
$2,225,000
102
9.3%
Buyer's
$1,272,500
$1,175,000
71
11.4%
Buyer's
FL
Ft. Lauderdale
$4,995,000
$3,600,000
60
9.0%
Buyer's
$2,850,000
$2,100,000
77
4.7%
Buyer's
FL
Jacksonville
$854,500
$807,064
12
37.2%
Seller's
$592,000
$835,000
12
10.3%
Buyer's
FL
Jacksonville Beaches
$1,375,000
$1,291,000
33
28.7%
Seller's
$1,180,000
$1,760,000
50
17.6%
Balanced
FL
Lee County
$1,500,000
$1,257,850
71
11.7%
Buyer's
$875,000
$765,000
77
9.9%
Buyer's
FL
Marco Island
$3,500,000
$1,959,250
49
19.2%
Balanced
$1,499,000
$1,184,500
106
16.9%
Balanced
FL
Miami
$1,937,500
$1,599,000
66
19.1%
Balanced
$1,500,000
$1,460,000
94
8.2%
Buyer's
FL
Naples
$4,972,500
$3,885,000
101
10.6%
Buyer's
$2,200,000
$2,200,000
90
13.7%
Balanced
FL
Orlando
$1,327,000
$1,220,500
41
20.9%
Balanced
$585,000
$610,000
37
11.0%
Buyer's
FL
Palm Beach Towns
$5,497,500
$3,300,000
91
17.9%
Balanced
$2,349,500
$1,575,000
77
14.0%
Balanced
FL
Sarasota & Beaches
$2,950,000
$1,860,000
82
12.7%
Balanced
$1,735,000
$1,427,500
87
12.7%
Balanced
FL
South Pinellas County
$1,489,000
$1,300,000
56
17.5%
Balanced
$1,150,000
$962,500
91
8.3%
Buyer's
FL
South Walton
$3,800,000
$3,235,687
63
11.1%
Buyer's
$1,585,000
$1,840,000
54
13.1%
Balanced
FL
Tampa
$775,000
$765,000
24
28.9%
Seller's
$824,950
$827,500
57
24.6%
Seller's
GA
Atlanta
$1,519,000
$1,250,000
7
31.0%
Seller's
$693,427
$643,000
25
16.6%
Balanced
GA
Duluth
$1,390,000
$2,032,250
4
17.0%
Balanced
-
-
-
-
-
HI
Island of Hawaii
$1,785,000
$1,400,000
47
13.8%
Balanced
$1,459,000
$1,464,500
44
8.6%
Buyer's
HI
Kauai
$2,972,500
$2,475,000
49
8.9%
Buyer's
$1,445,000
$1,423,250
149
12.2%
Balanced
HI
Maui
$2,737,500
$2,175,000
138
11.6%
Buyer's
$1,950,000
$1,800,000
221
6.1%
Buyer's
HI
Oahu
$2,895,000
$2,350,000
24
16.8%
Balanced
$1,149,000
$972,500
49
13.9%
Balanced
IA
Greater Des Moines
$675,000
$659,900
23
29.6%
Seller's
-
-
-
-
-
ID
Ada County
$839,000
$764,317
11
42.7%
Seller's
$635,000
$585,000
15
36.4%
Seller's
ID
Northern Idaho
$1,349,900
$1,099,000
58
19.1%
Balanced
-
-
-
-
-
IL
Chicago
$1,799,000
$1,445,000
7
106.4%
Seller's
$1,200,000
$960,000
7
69.2%
Seller's
IL
DuPage County
$1,290,000
$1,000,000
6
77.1%
Seller's
$799,000
$657,000
10
67.3%
Seller's
IL
Lake County
$1,200,000
$979,500
6
76.0%
Seller's
-
-
-
-
-
IL
Will County
$675,000
$629,900
9
66.1%
Seller's
-
-
-
-
-
IN
Boone County
$1,085,000
$1,034,227
4
78.3%
Seller's
-
-
-
-
-
IN
Hamilton County
$859,500
$820,000
4
86.7%
Seller's
-
-
-
-
-
KY
Lexington
$1,147,500
$917,000
7
40.4%
Seller's
-
-
-
-
-
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES
ATTACHED HOMES
State Market Name
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
LA
Lafayette County
$835,000
$862,500
25
13.6%
Balanced
-
-
-
-
-
MA
Cape Cod
$2,297,000
$1,836,000
22
25.7%
Seller's
$1,050,000
$1,113,000
27
34.4%
Seller's
MA
Greater Boston
$3,399,500
$2,597,500
20
28.3%
Seller's
$2,399,500
$2,120,000
21
23.3%
Seller's
MA
South Shore
$1,762,500
$1,490,000
20
42.0%
Seller's
$999,000
$865,000
28
47.4%
Seller's
MD
Anne Arundel County
$1,149,900
$1,030,000
6
62.3%
Seller's
$599,603
$570,380
8
66.7%
Seller's
MD
Baltimore City
$975,000
$857,250
6
161.9%
Seller's
$695,000
$611,860
11
38.6%
Seller's
MD
Baltimore County
$950,000
$975,000
6
54.3%
Seller's
$597,450
$610,561
9
41.2%
Seller's
MD
Frederick County
$924,750
$881,255
11
33.1%
Seller's
-
-
-
-
-
MD
Howard County
$1,285,000
$1,081,000
6
91.4%
Seller's
$630,000
$606,000
7
88.1%
Seller's
MD
Montgomery County
$2,099,000
$1,597,500
8
61.8%
Seller's
$829,000
$795,000
8
48.7%
Seller's
MD
Talbot County
$2,275,000
$1,225,000
18
19.5%
Balanced
-
-
-
-
-
MD
Worcester County
$999,999
$814,500
28
27.8%
Seller's
$649,900
$692,500
39
23.5%
Seller's
MI
Grand Traverse County
$1,379,000
$949,000
32
11.6%
Buyer's
-
-
-
-
-
MI
Livingston County
$794,900
$700,000
10
51.5%
Seller's
-
-
-
-
-
MI
Monroe County
$649,000
$580,000
27
37.8%
Seller's
-
-
-
-
-
MI
Oakland County
$829,000
$675,000
7
46.6%
Seller's
$649,000
$630,000
15
26.8%
Seller's
MI
Washtenaw County
$835,000
$792,500
29
51.7%
Seller's
$704,900
$610,000
41
23.2%
Seller's
MI
Wayne County
$699,000
$685,000
8
65.2%
Seller's
$629,999
$609,295
15
29.6%
Seller's
MN
Olmsted County
$800,000
$785,000
21
34.5%
Seller's
-
-
-
-
-
MN
Twin Cities
$1,297,000
$1,050,000
11
35.4%
Seller's
-
-
-
-
-
NC
Asheville
$999,950
$907,500
18
15.6%
Balanced
$699,945
$632,000
35
7.8%
Buyer's
NC
Charlotte
$1,125,000
$1,062,000
6
39.5%
Seller's
$650,000
$675,000
36
19.5%
Balanced
NC
Lake Norman
$1,249,450
$1,167,500
14
29.4%
Seller's
$597,000
$579,000
33
23.9%
Seller's
NC
New Hanover County
$1,599,000
$1,475,000
19
22.7%
Seller's
$1,120,000
$1,145,000
25
23.6%
Seller's
NC
Pitt County
$689,900
$590,000
9
45.1%
Seller's
-
-
-
-
-
NC
Raleigh-Durham
$1,150,000
$1,025,000
5
43.4%
Seller's
-
-
-
-
-
NH
Rockingham County
$1,650,000
$1,351,000
6
42.9%
Seller's
$899,900
$915,185
8
45.5%
Seller's
NJ
Bergen County
$2,586,500
$1,779,500
13
53.7%
Seller's
$1,299,000
$1,272,500
18
50.4%
Seller's
NJ
Morris County
$1,795,000
$1,500,000
14
71.8%
Seller's
$959,439
$894,744
15
100.0%
Seller's
NJ
Ocean County
$999,000
$860,000
17
32.0%
Seller's
$899,000
$668,000
18
23.1%
Seller's
NJ
Somerset County
$1,595,000
$1,439,000
14
44.4%
Seller's
$954,000
$850,000
15
34.6%
Seller's
NV
Henderson
$2,150,000
$1,350,000
35
17.9%
Balanced
-
-
-
-
-
NV
Lake Tahoe
$3,300,000
$2,690,000
41
23.4%
Seller's
$1,152,500
$1,314,500
53
7.4%
Buyer's
NV
Las Vegas
$1,700,000
$1,399,000
32
16.1%
Balanced
-
-
-
-
-
NV
Reno
$1,849,000
$1,560,000
18
32.8%
Seller's
-
-
-
-
-
OH
Cincinnati
$799,900
$733,250
2
58.9%
Seller's
-
-
-
-
-
OH
Cleveland Suburbs
$799,000
$738,150
15
83.6%
Seller's
-
-
-
-
-
OH
Columbus
$819,888
$764,652
4
45.0%
Seller's
$643,099
$640,000
12
28.1%
Seller's
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY MONTHLY MARKET REVIEW – SINGLE FAMILY HOMES
ATTACHED HOMES
State Market Name
List Price
Sold Price
DOM
Ratio
Market
List Price
Sold Price
DOM
Ratio
Market
ON
GTA - Durham
$1,799,900
$1,550,000
19
13.7%
Balanced
$849,000
$805,000
21
29.4%
Seller's
ON
GTA - York
$2,339,000
$1,837,500
18
13.3%
Balanced
$779,000
$770,000
23
13.7%
Balanced
ON
Mississauga
$2,850,000
$2,777,500
20
10.5%
Buyer's
$999,000
$943,500
39
9.2%
Buyer's
ON
Oakville
$2,496,500
$2,088,000
28
16.3%
Balanced
$1,169,900
$1,115,000
24
20.2%
Balanced
ON
Toronto
$3,785,000
$3,160,000
15
13.8%
Balanced
$1,254,500
$1,210,000
21
14.4%
Balanced
ON
Waterloo Region
$1,399,000
$1,205,000
18
22.0%
Seller's
$797,250
$725,000
12
20.8%
Balanced
OR
Portland
$1,320,000
$1,158,505
9
27.7%
Seller's
$699,900
$679,900
41
13.8%
Balanced
PA
Philadelphia
$825,000
$769,750
8
33.6%
Seller's
$760,000
$700,000
11
38.5%
Seller's
PA
Pittsburgh
$1,235,000
$986,250
10
54.9%
Seller's
$720,000
$735,500
38
22.4%
Seller's
SC
Charleston
$1,849,000
$1,450,000
22
39.7%
Seller's
$1,285,000
$1,046,000
30
39.0%
Seller's
SC
Hilton Head
-
-
-
-
-
-
-
-
-
-
TN
Greater Chattanooga
$995,000
$890,000
13
17.9%
Balanced
-
-
-
-
-
TN
Nashville
$1,800,000
$1,525,000
8
30.0%
Seller's
$735,000
$719,500
25
10.7%
Buyer's
TX
Austin
$2,250,000
$1,870,000
33
20.8%
Balanced
$1,199,500
$1,050,000
59
15.1%
Balanced
TX
Collin County
$749,990
$729,900
30
22.6%
Seller's
-
-
-
-
-
TX
Dallas
$1,499,990
$1,240,000
20
27.9%
Seller's
$725,000
$725,000
36
16.6%
Balanced
TX
Denton County
$799,000
$800,000
24
21.6%
Seller's
-
-
-
-
-
TX
El Paso
$639,950
$590,444
24
15.1%
Balanced
-
-
-
-
-
TX
Fort Worth
$908,950
$845,000
16
32.0%
Seller's
-
-
-
-
-
TX
Greater Tyler
$679,500
$649,500
40
12.1%
Balanced
-
-
-
-
-
TX
Houston
$932,500
$1,047,500
16
30.1%
Seller's
$627,000
$630,000
46
17.3%
Balanced
TX
Lubbock
$682,450
$730,000
45
26.6%
Seller's
-
-
-
-
-
TX
San Antonio
$813,995
$765,000
41
18.3%
Balanced
$770,000
$510,000
55
1.9%
Buyer's
TX
Tarrant County
$899,900
$835,000
16
31.7%
Seller's
-
-
-
-
-
TX
The Woodlands & Spring
$780,000
$865,000
20
33.0%
Seller's
-
-
-
-
-
UT
Park City
$4,750,000
$3,672,500
35
14.0%
Balanced
$2,525,000
$2,337,500
39
12.1%
Balanced
UT
Salt Lake City
-
-
-
-
-
-
-
-
-
-
UT
Washington County
$1,500,000
$1,402,300
21
12.5%
Balanced
-
-
-
-
-
VA
Arlington & Alexandria
$2,299,900
$1,770,000
7
55.9%
Seller's
$999,900
$1,120,000
8
87.0%
Seller's
VA
Fairfax County
$2,249,000
$1,505,000
7
74.9%
Seller's
$749,250
$705,000
6
76.6%
Seller's
VA
McLean & Vienna
$3,192,000
$2,212,500
9
69.9%
Seller's
$1,199,990
$1,025,000
16
57.1%
Seller's
VA
Richmond
$840,000
$815,000
8
59.9%
Seller's
$595,000
$577,198
20
44.1%
Seller's
VA
Smith Mountain Lake
$1,620,000
$1,400,000
10
30.4%
Seller's
-
-
-
-
-
VA
Virginia Beach
$1,446,367
$1,266,187
15
37.4%
Seller's
$904,900
$900,000
17
15.5%
Balanced
WA
King County
$1,984,250
$1,750,000
9
33.6%
Seller's
$1,199,000
$1,092,500
22
19.6%
Balanced
WA
Seattle
$2,150,000
$1,740,000
7
57.1%
Seller's
$1,390,000
$1,269,500
21
21.0%
Balanced
WA
Spokane
$1,150,000
$1,075,000
13
11.2%
Buyer's
-
-
-
-
-
WA
Vancouver
$1,398,500
$1,276,250
16
22.4%
Seller's
$738,800
$720,000
116
18.4%
Balanced
Median prices represent properties priced above respective city benchmark prices. Prices shown for Canadian cites are shown in Canadian Dollars.
– LUXURY REPORT EXPLAINED – The Institute for Luxury Home Marketing has analyzed a number of metrics — including sales prices, sales volumes, number of sales, sales-price-to-list-price ratios, days on market and price-per-squarefoot – to provide you a comprehensive North American Luxury Market report. Additionally, we have further examined all of the individual luxury markets to provide both an overview and an in-depth analysis - including, where data is sufficient, a breakdown by luxury singlefamily homes and luxury attached homes. It is our intention to include additional luxury markets on a continual basis. If your market is not featured, please contact us so we can implement the necessary qualification process. More in-depth reports on the luxury communities in your market are available as well. Looking through this report, you will notice three distinct market statuses, Buyer's Market, Seller's Market, and Balanced Market. A Buyer's Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point. By contrast, a Seller's Market gives sellers greater control over the price point. Typically, this means there are few homes on the market and a generous demand, causing competition between buyers who ultimately drive sales prices higher. A Balanced Market indicates that neither the buyers nor the sellers control the price point at which that property will sell and that there is neither a glut nor a lack of inventory. Typically, this type of market sees a stabilization of both the list and sold price, the length of time the property is on the market as well as the expectancy amongst homeowners in their respective communities – so long as their home is priced in accordance with the current market value.
REPORT GLOSSARY REMAINING INVENTORY: The total number of homes available at the close of a month. DAYS ON MARKET: Measures the number of days a home is available on the market before a purchase offer is accepted. LUXURY BENCHMARK PRICE: The price point that marks the transition from traditional homes to luxury homes. NEW LISTINGS: The number of homes that entered the market during the current month. PRICE PER SQUARE FOOT: Measures the dollar amount of the home's price for an individual square foot. SALES RATIO: Sales Ratio defines market speed and determines whether the market currently favors buyers or sellers. A Buyer's Market has a Sales Ratio of less than 12%; a Balanced Market has a ratio of 12% up to 21%; a Seller's Market has a ratio of 21% or higher. A Sales Ratio greater than 100% indicates the number of sold listings exceeds the number of listings available at the end of the month. SP/LP RATIO: The Sales Price/List Price Ratio compares the value of the sold price to the value of the list price.
LUXURY RESIDENTIAL MARKETS
T
he Luxury Market Report is your guide to luxury real estate market data and trends for North America. Produced monthly by The Institute for Luxury Home Marketing, this report provides an in-depth look at the
top residential markets across the United States and Canada. Within the individual markets, you will find established luxury benchmark prices and detailed survey of luxury active and sold properties designed to showcase current market status and recent trends. The national report illustrates a compilation of the top North American markets to review overall standards and trends.
Copyright © 2026 Institute for Luxury Home Marketing | www.luxuryhomemarketing.com | 214.485.3000 The Luxury Market Report is a monthly analysis provided by The Institute for Luxury Home Marketing. Luxury benchmark prices are determined by The Institute. This active and sold data has been provided by REAL Marketing, who has compiled the data through various sources, including local MLS boards, local tax records and Realtor.com. Data is deemed reliable to the best of our knowledge, but is not guaranteed.
JULY
2026
KAUAI HAWAII
KAUAI
SINGLE - FAMILY HOMES Luxury Benchmark Price 1: $1,200,000
LUXURY INVENTORY VS. SALES | JUNE 2026 Total Inventory: 180
Total Sales: 16
Total Sales Ratio2 : 9%
Inventory $6,000,000+
$4,400,000 - $4,899,999 $3,900,000 - $4,399,999
37 5
1
7
0 3
0
8
0
$3,400,000 - $3,899,999
16
1
$3,000,000 - $3,399,999
12
1
$2,600,000 - $2,999,999
17
1
7
0 3
0
$1,300,000 - $1,399,999
1
16
3
$1,600,000 - $1,799,999
$1,200,000 - $1,299,999
21
4
$1,800,000 - $2,199,999
$1,400,000 - $1,499,999
15
3
$2,200,000 - $2,599,999
$1,500,000 - $1,599,999
Sales
1
$5,400,000 - $5,999,999 $4,900,000 - $5,399,999
Buyer's Market
1
6 7
0
Beds3
Price
DOM
Baths
Sold
Inventory
Sales Ratio
-Range-
-Median Sold-
-Median Sold-
-Median Sold-
-Total-
-Total-
-Sold/Inventory-
0-1 Bedrooms
$2,200,000
168
1
1
6
17%
2 Bedrooms
$2,500,000
2
1
1
17
6%
3 Bedrooms
$2,600,500
32
3
10
63
16%
4 Bedrooms
$2,325,000
86
3
2
61
3%
5 Bedrooms
$5,400,000
169
6
1
20
5%
6+ Bedrooms
$1,600,000
299
4
1
13
8%
The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100% MLS® data reported previous month’s sales exceeded current inventory.
KAUAI
SINGLE - FAMILY HOMES Luxury Benchmark Price 1: $1,200,000
13 - MONTH LUXURY MARKET TREND 4 Median Sales Price
Inventory
Solds $3,073,750
$2,195,000
165
$2,387,500
$2,700,000
$2,550,000
$2,450,000
$2,250,000
$1,975,000
160
135
156
144
129
21
19
14
21
31
Jun-25
Jul-25
Aug-25
Sep-25
Oct-25
150
141
17
21
Nov-25
Dec-25
$2,475,000 $2,124,500
$1,975,000
$1,749,007
144
$2,541,000
180
164
155
149
7
19
16
16
22
16
Jan-26
Feb-26
Mar-26
Apr-26
May-26
Jun-26
MEDIAN DATA REVIEW | JUNE TOTAL INVENTORY
TOTAL SOLDS
Jun. 2025
Jun. 2026
Jun. 2025
Jun. 2026
165
180
21
16
9%
VARIANCE: -
VARIANCE:
SALE PRICE PER SQFT.
SALES PRICE Jun. 2025
2.20m
$
24%
SALE TO LIST PRICE RATIO
Jun. 2026
2.48m
$
VARIANCE:
13%
DAYS ON MARKET
Jun. 2025
Jun. 2026
Jun. 2025
Jun. 2026
Jun. 2025
Jun. 2026
N/A
N/A
93.79%
95.47%
69
49
VARIANCE:
N/A
VARIANCE:
2%
VARIANCE: -
KAUAI MARKET SUMMARY | JUNE 2026 • The single-family luxury market is a Buyer's Market with a 9% Sales Ratio. • Homes sold for a median of 95.47% of list price in June 2026. • The most active price band is $2,600,000-$2,999,999, where the sales ratio is 20%. • The median luxury sales price for single-family homes is $2,475,000. • The median days on market for June 2026 was 49 days, down from 69 in June 2025.
Square foot table does not account for listings and solds where square foot data is not disclosed. 4 Data reported includes Active and Sold properties and does not include Pending properties.
3
29%
KAUAI
ATTACHED HOMES Luxury Benchmark Price 1: $950,000
LUXURY INVENTORY VS. SALES | JUNE 2026 Total Inventory: 98
Total Sales: 12
Total Sales Ratio2 : 12%
Inventory $3,500,000+ $3,000,000 - $3,499,999 $2,500,000 - $2,999,999
$2,000,000 - $2,499,999 $1,900,000 - $1,999,999
$1,700,000 - $1,799,999
3 5
0 4
0
4
0
3
0
5
1
7
2
$1,400,000 - $1,499,999
10
2
$1,300,000 - $1,399,999
4
1
$1,200,000 - $1,299,999
8
1
$1,100,000 - $1,199,999
1
3
1
$1,500,000 - $1,599,999
$950,000 - $999,999
8
0
$1,600,000 - $1,699,999
$1,000,000 - $1,099,999
Sales
1
$1,800,000 - $1,899,999
Balanced Market
14
1 7
0
13
2
Beds3
Price
DOM
Baths
Sold
Inventory
Sales Ratio
-Range-
-Median Sold-
-Median Sold-
-Median Sold-
-Total-
-Total-
-Sold/Inventory-
0-1 Bedrooms
NA
NA
NA
0
17
0%
2 Bedrooms
$1,446,500
94
2
9
54
17%
3 Bedrooms
$1,205,000
211
3
3
23
13%
4 Bedrooms
NA
NA
NA
0
4
0%
5 Bedrooms
NA
NA
NA
0
0
NA
6+ Bedrooms
NA
NA
NA
0
0
NA
The luxury threshold price is set by The Institute for Luxury Home Marketing. 2Sales Ratio defines market speed and market type: Buyer's < 12%; Balanced >= 12 to < 21%; Seller's >= 21%. If >100% MLS® data reported previous month’s sales exceeded current inventory.
KAUAI
ATTACHED HOMES Luxury Benchmark Price 1: $950,000
13 - MONTH LUXURY MARKET TREND 4 Median Sales Price
Inventory
Solds
$1,485,000 $1,345,000 $1,000,000
91
86
$1,087,000
$1,100,000
91
87
$1,349,000
$1,322,500
$1,300,000
$1,190,000
$1,130,000
$1,400,000
$1,423,250
93
98
$965,000
87
86
81
81
80
9
10
7
5
7
9
8
11
Jun-25
Jul-25
Aug-25
Sep-25
Oct-25
Nov-25
Dec-25
Jan-26
79
75
3
5
9
9
12
Feb-26
Mar-26
Apr-26
May-26
Jun-26
MEDIAN DATA REVIEW | JUNE TOTAL INVENTORY
TOTAL SOLDS
Jun. 2025
Jun. 2026
Jun. 2025
Jun. 2026
91
98
9
12
8%
VARIANCE:
VARIANCE:
SALE PRICE PER SQFT.
SALES PRICE Jun. 2025
1.00m
$
33%
SALE TO LIST PRICE RATIO
Jun. 2026
1.42m
$
VARIANCE:
42%
DAYS ON MARKET
Jun. 2025
Jun. 2026
Jun. 2025
Jun. 2026
Jun. 2025
Jun. 2026
N/A
N/A
96.39%
96.77%
34
149
VARIANCE:
N/A
VARIANCE:
0%
VARIANCE:
KAUAI MARKET SUMMARY | JUNE 2026 • The attached luxury market is a Balanced Market with a 12% Sales Ratio. • Homes sold for a median of 96.77% of list price in June 2026. • The most active price band is $1,800,000-$1,899,999, where the sales ratio is 33%. • The median luxury sales price for attached homes is $1,423,250. • The median days on market for June 2026 was 149 days, up from 34 in June 2025.
Square foot table does not account for listings and solds where square foot data is not disclosed. 4 Data reported includes Active and Sold properties and does not include Pending properties.
3
338%
Thank you for taking time to view this report. For more information about this report and the services we can offer you and your luxury property, please give us a call at 808.652.0530 and 808.635.9838.
- Rohn Boyd & Rayna Evans
ROHN BOYD
RAYNA EVANS
808.652.0530 rohnboyd@gmail.com
808.635.9838 raynalevans@gmail.com
WWW.ROHNRAYNA.COM