The markets where ultra-luxury buyers showed up in June
The cash equation
The June figures arrive against a backdrop of accelerating all-cash activity at the top end. Nearly two-thirds, or 63% of Luxury Property Specialists surveyed by the Institute for Luxury Home Marketing reported an increase in all-cash purchases among their clients, up from 51% a year earlier.
For brokers, that dynamic shapes the competitive environment: jumbo financing remains relevant, but the pool of cash-flush buyers in markets like Los Angeles and Miami creates different deal timelines and negotiating conditions than those seen in rate-sensitive segments.
The top 10% of the single-family sector across 120 US markets recorded a $3.7 billion increase in total dollar volume year-over-year in 2026, according to the Institute for Luxury Home Marketing, with the median sold price for the top 5% rising 8% year-over-year.
Brokers working in the markets flagged by Homes.com’s June data should note that global interest in US luxury property is intensifying, a factor that could sustain pricing pressure in coastal markets through the second half of 2026.
What brokers should watch
Manhattan offered its own signal for the broader luxury landscape in Q2 2026. According to the Compass Q2 2026 Manhattan Market Report, contracts on properties priced between $10 million and $20 million surged 38.6% compared to the same period a year earlier/
