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HomeLifestyle NewsLuxury Homes Take 400 Percent Longer to Sell: Study

Luxury Homes Take 400 Percent Longer to Sell: Study

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If you’re selling an ultra-luxury home, you better be prepared for the process to take a while.

Multimillion-dollar properties take 400 percent longer to sell than median-priced homes, averaging 319 days on the market, according to the latest Luxury Homes Index from Concierge Auctions, the largest luxury real estate auction house in the world. To arrive at these numbers, the company looked at the highest-grossing transactions in 56 of the country’s top luxury markets last…

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