Defined by the top 10 percent of an area’s sales, the luxury market showed slightly counterintuitive to trends to those seen in the general market.
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Defined by the top 10% of an area’s sales, the luxury market experienced massive growth in what can best be described as a late-year breakthrough.
Showing a bevy of eight-figure sales, the Mid-Peninsula led all regions with 37 percent of all sales and 40 percent of cash volume.
The Mid-Peninsula’s strong performance led the way with 38 percent of cash share ($1.148 billion) and 35 percent of all Bay Area luxury sales.
Defined by the top 10 percent of an area’s sales, the luxury market finally saw its numbers cool down after a blistering hot 2015.