{"id":346522,"date":"2026-04-13T12:45:19","date_gmt":"2026-04-13T16:45:19","guid":{"rendered":"https:\/\/blog.sothebysrealty.com\/?p=346522"},"modified":"2026-09-03T16:04:45","modified_gmt":"2026-09-03T20:04:45","slug":"luxury-lens-does-the-era-of-a-residence-shape-its-price","status":"publish","type":"post","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-does-the-era-of-a-residence-shape-its-price\/","title":{"rendered":"Luxury Lens: Does the Era of a Residence Shape Its Price?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Luxury is in the eye\u2014and tastes\u2014of the beholder. But when a high-end home was built can offer hints about its characteristics.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"819\" height=\"1024\" data-attachment-id=\"346528\" data-permalink=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-does-the-era-of-a-residence-shape-its-price\/old-vs-new\/\" data-orig-file=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new.jpeg\" data-orig-size=\"9000,11250\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"old vs new\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-819x1024.jpeg\" src=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-819x1024.jpeg\" alt=\"Infographic illustrating how size and value of luxury homes impact list price\" class=\"wp-image-346528\" srcset=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-819x1024.jpeg 819w, https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-240x300.jpeg 240w, https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-768x960.jpeg 768w, https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-1229x1536.jpeg 1229w, https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-1638x2048.jpeg 1638w, https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/old-vs-new-1200x1500.jpeg 1200w\" sizes=\"auto, (max-width: 819px) 100vw, 819px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The \u201cJanuary 2026 Luxury Housing Report: Old Versus New,\u201d published by Realtor.com\u24c7 on February 11, 2026, compares luxury U.S. homes that have a median year of construction before 2002 with those built after 2002.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The newer luxury homes are notably bigger: the properties built most recently average 3,187 square feet in the US$1-2M bracket, compared to 1,430 square feet (Urban Honolulu) and 1,929 square feet (New York Metro Area) in those older luxury markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the older luxury homes are generally more expensive. In January 2026, luxury homes in the five most expensive older markets commanded higher prices than those in newer markets, with one eye-catching exception: Heber, Utah.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite a median construction date of 2024, luxury properties in Heber, Utah were priced at an entry point of US$7.6M in January 2026\u2014higher than anywhere else in the U.S.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yet, according to the same report, when it comes to selling, the age of a high-end home does not significantly correlate with time spent on the market, making the insight of a well-informed real estate agent all the more valuable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cover Property: <a href=\"https:\/\/www.sothebysrealty.com\/eng\/sales\/detail\/180-l-671-59mpx3\/1545-n-red-castle-circle-heber-city-ut-84032\" target=\"_blank\" rel=\"noreferrer noopener\">Heber City, Utah<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"171\" data-attachment-id=\"330407\" data-permalink=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/footer-mountain-generic\/\" data-orig-file=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2021\/04\/footer-mountain-generic.png\" data-orig-size=\"1024,171\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"footer-mountain-generic\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2021\/04\/footer-mountain-generic.png\" src=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2021\/04\/footer-mountain-generic.png\" alt=\"\" class=\"wp-image-330407\" srcset=\"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2021\/04\/footer-mountain-generic.png 1024w, https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2021\/04\/footer-mountain-generic-300x50.png 300w, https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2021\/04\/footer-mountain-generic-768x128.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luxury is in the eye\u2014and tastes\u2014of the beholder. But when a high-end home was built can offer hints about its characteristics. The \u201cJanuary 2026 Luxury Housing Report: Old Versus New,\u201d published by Realtor.com\u24c7 on February 11, 2026, compares luxury U.S. homes that have a median year of construction before 2002 with those built after 2002. [&hellip;]<\/p>\n","protected":false},"author":232770370,"featured_media":346531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1561,1403],"tags":[1423],"class_list":["post-346522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-luxury-lens","category-market-insights","tag-california"],"jetpack_likes_enabled":false,"jetpack_shortlink":"https:\/\/wp.me\/pf4gbL-1s94","jetpack-related-posts":[{"id":345568,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-where-in-the-world-does-1m-buy-the-most-space\/","url_meta":{"origin":346522,"position":0},"title":"Luxury Lens: Where in the World Does $1M Buy the Most Space?","author":"Kate Marburger","date":"December 5, 2025","format":false,"excerpt":"Size matters. Sometimes. At least when it comes to luxury real estate. \u201cWhere $1 Million Buys the Most Space,\u201d published by Realtor.com\u00ae on October 27, 2025, reveals that existing high-end U.S. homes priced at US$1-2M range significantly in size nationwide. At one end of the scale is Urban Honolulu, where\u2026","rel":"","context":"In &quot;Luxury Lens&quot;","block_context":{"text":"Luxury Lens","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/luxury-lens\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/12\/Mauritius.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/12\/Mauritius.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/12\/Mauritius.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/12\/Mauritius.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/12\/Mauritius.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/12\/Mauritius.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":347480,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-is-upsizing-until-its-time-to-downsize-a-thing-of-the-past\/","url_meta":{"origin":346522,"position":1},"title":"Luxury Lens: Is upsizing until it\u2019s time to downsize a thing of the past?","author":"Kate Marburger","date":"July 17, 2026","format":false,"excerpt":"Quite possibly. More and more buyers want homes they can live in for life\u2014especially at the top end of the market. 38% of US$10M+ real estate professionals worldwide say homebuyers increasingly want to \u201cage in place,\u201d according to the 2026 Mid-Year Luxury Outlook\u00ae agent survey, published by Sotheby\u2019s International Realty,\u2026","rel":"","context":"In &quot;Luxury Lens&quot;","block_context":{"text":"Luxury Lens","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/luxury-lens\/"},"img":{"alt_text":"White country hosue in Germantown, new York, with views of a pond and hills in the background.","src":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/07\/Four-Seasons.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/07\/Four-Seasons.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/07\/Four-Seasons.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/07\/Four-Seasons.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/07\/Four-Seasons.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/07\/Four-Seasons.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":344533,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-are-overseas-buyers-in-the-market-for-luxury-u-s-homes\/","url_meta":{"origin":346522,"position":2},"title":"Luxury Lens: Are Overseas Buyers in the Market for Luxury U.S. Homes?","author":"Kate Marburger","date":"September 4, 2025","format":false,"excerpt":"Are overseas buyers in the market for luxury U.S. homes? In short: yes. Overseas buyers bought homes priced at least US$1M at more than twice the rate of U.S. buyers in the year to March 2025, according to analysis by the\u00a0National Association of REALTORS(NAR). NAR\u2019s\u00a02025 International Transactions in U.S. Residential\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/03\/header-5.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/03\/header-5.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/03\/header-5.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/03\/header-5.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/03\/header-5.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/03\/header-5.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":347729,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-where-will-the-next-wave-of-wealth-come-from\/","url_meta":{"origin":346522,"position":3},"title":"Luxury Lens: Where will the next wave of wealth come from?","author":"Kate Marburger","date":"August 7, 2026","format":false,"excerpt":"Wealth creation doesn\u2019t stand still. As new fortunes are made, where that wealth resides also changes. Two recent reports offer a snapshot of the globe\u2019s most affluent locations today\u2014and where they could be in the future. North America currently hosts the greatest store of global wealth, with high-net-worth individuals (HNWIs)\u2026","rel":"","context":"In &quot;Luxury Lens&quot;","block_context":{"text":"Luxury Lens","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/luxury-lens\/"},"img":{"alt_text":"Patio and pool at sunset with ocean in the background at a home in Tinos, Greece.","src":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/08\/Greece.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/08\/Greece.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/08\/Greece.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/08\/Greece.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/08\/Greece.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":347187,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-where-in-the-world-are-the-ultra-wealthy-moving-to\/","url_meta":{"origin":346522,"position":4},"title":"Luxury Lens: Where in the world are the ultra-wealthy moving to?","author":"Kate Marburger","date":"June 18, 2026","format":false,"excerpt":"The ultra-wealthy\u2014those with a net worth of US$30M+\u2014are highly mobile. Almost one in five live outside the country they were born in, according to \u201cGlobal Citizens: Entrepreneurship, Mobility and the Ultra Wealthy,\u201d published April 22, 2026, by Altrata. This slice of the world\u2019s ultra-wealthy population is fueling demand for luxury\u2026","rel":"","context":"In &quot;Luxury Lens&quot;","block_context":{"text":"Luxury Lens","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/luxury-lens\/"},"img":{"alt_text":"The facade of a three-story home in London, England","src":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/06\/London.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/06\/London.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/06\/London.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/06\/London.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/06\/London.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/06\/London.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":341254,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/new-and-notable-homes-for-sale-over-10-million-april-2024\/","url_meta":{"origin":346522,"position":5},"title":"New and Notable Homes for Sale Over $10 Million: April, 2024","author":"SIR Admin","date":"April 1, 2024","format":false,"excerpt":"From a luxurious estate in Dublin, Ireland to a waterfront tour-de-force in West Vancouver, Canada, these are this month\u2019s five featured notable properties for sale over US$10 Million. Dublin, Ireland Lisney Sotheby's International Realty Kenah Hill offers a refined and luxurious living experience amidst stunning architecture, meticulously landscaped gardens, and\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/static-sir-corp-blog-production.gtsstatic.net\/blog-api\/wp-content\/uploads\/2024\/04\/atlanta3-1024x683.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/static-sir-corp-blog-production.gtsstatic.net\/blog-api\/wp-content\/uploads\/2024\/04\/atlanta3-1024x683.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/static-sir-corp-blog-production.gtsstatic.net\/blog-api\/wp-content\/uploads\/2024\/04\/atlanta3-1024x683.jpg?resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2026\/04\/Heber.jpeg","_links":{"self":[{"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/posts\/346522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/users\/232770370"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/comments?post=346522"}],"version-history":[{"count":3,"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/posts\/346522\/revisions"}],"predecessor-version":[{"id":346533,"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/posts\/346522\/revisions\/346533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/media\/346531"}],"wp:attachment":[{"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/media?parent=346522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/categories?post=346522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-json\/wp\/v2\/tags?post=346522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}