Homes in the top 1% by price that are between 5,000 and 10,000 square feet were the fastest-selling in the luxury sector in 2020, averaging 97 days on the market, according to realtor.com® data.
In contrast, homes between 2,000 and 5,000 square feet averaged 102 days to sell.
Homes larger than 10,000 square feet averaged 126 days to sell.
So far in 2021, midsized luxury homes—between 5,000 and 10,000 square feet—are continuing to sell the fastest, averaging 110 days on the market.
Larger homes—more than 10,000 square feet—are taking 127 days to sell, while homes between 2,000 and 5,000 square feet are averaging 113 days.
Source: Mansion Global
