New York, Chicago, and Bridgeport, Connecticut, are the only three U.S. luxury markets to see more searches than a year ago on Realtor.com
Chilly and expensive northern cities—the same ones that homeowners were fleeing in droves during the pandemic—are seeing interest in their luxury real estate markets grow more than anywhere else across the U.S., according to data supplied to Mansion Global from Realtor.com.
“You know, it’s like everyone’s peeking behind the curtain to see what the big cities are up to. But it’s not just window shopping; there is also real demand,” said New York City-based Tate Kelly of Coldwell Banker Warburg. In comparison, Miami, for example—which became the poster child for pandemic boom towns as droves of high-net-worth individuals flocked there for sunshine and low taxes—saw luxury listing views drop more than 25% in the same time.
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