America's luxury housing market shows varied entry-level luxury thresholds, with the national average at about $1.2 million, down 3.1% year-over-year. Some Sun Belt metros offer luxury homes under $1 million, while top markets like Heber, Utah, and parts of California exceed $3 million. Luxury pricing remains highly localized, with coastal and mountain resort areas commanding the highest premiums despite some recent price declines.
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