{"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

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

\"Infographic<\/figure>\n\n\n\n

<\/p>\n\n\n\n

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

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

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

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

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

Cover Property: Heber City, Utah<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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. […]<\/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_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":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 "Luxury Lens"","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":348331,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-what-is-the-true-value-of-luxury-living\/","url_meta":{"origin":346522,"position":1},"title":"Luxury Lens: What is the true value of luxury living?","author":"Kate Marburger","date":"October 12, 2026","format":false,"excerpt":"The wealthy are increasingly seeking homes in multiple jurisdictions. Choosing the right location means understanding the cost of luxury living across leading global destinations. Two new datasets can help with that. First up, the Julius Baer Lifestyle Index, featured in the Global Wealth and Lifestyle Report 2026 published by Julius\u2026","rel":"","context":"In "Luxury Lens"","block_context":{"text":"Luxury Lens","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/luxury-lens\/"},"img":{"alt_text":"Luxury waterfront residence at sunset featuring a modern stone-and-glass home overlooking the water. 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