【Zillow】Luxury Real Estate Loses Steam

• New listings and pending sales are both down, as luxury buyers and sellers cope with economic uncertainty.
• The typical luxury home is worth about $1.8 million nationwide, ranging from just over $835,000 in Buffalo to nearly $6 million in San Jose. 
• Despite the slowdown, luxury home values are up 2.7% from a year ago — double that of the larger housing market.

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