“We are seeing a fundamental shift where luxury is moving.”
3 minutes to read
Luxury housing is nothing new in Greater Boston where the median price of a single-family home just exceeded $1 million. Elsewhere in New England, a new city is joining the list of luxury locales.
Realtor.com recently identified the Portland-South Portland, Maine, metropolitan area as one of 12 emerging luxury markets where homes over seven figures are expanding rapidly. Coming in at No. 12, it’s the only New England metro on the list; others include Durham-Chapel Hill, NC, Kiryas Joel-Poughkeepsie-Newburgh, NY, and Savannah, Ga…