This week witnessed a modest pace in the luxury real estate market, with only 9 homes priced at $3 million or above sold, and notably, no sales exceeding $10 million.

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This week witnessed the sale of 15 additional homes priced at $3 million or above, including one transaction exceeding $10 million. The inventory of such homes has risen to 711, marking a 65% increase since December 2023. There was a notable 17% rise in the number of homes priced at $3 million or higher currently under contract, reaching 160.