The American luxury home is still the most popular form of property in the U.S., according to the National Association of Realtors, with 2.4 million units sold in 2014.
That number has held steady since 2010.
But what about the real estate market?
The market is still in flux, with several factors that can lead to an increase or decrease in the number of luxury home owners.
The following charts show the total number of homes sold and the number that sold within the last three months.
The number of new luxury home listings has also been steadily increasing in recent years.
In the last quarter of 2017, the number reached a record high of 3,621, which is more than double the 3,000 sales in the same quarter of 2016.
The market for luxury home and office units continues to grow in both volume and value.
In 2016, the average price of a single-family home was $1.8 million, according to Zillow.
That figure was up to $2.4 billion in 2019.