Real-time price reductions on $1M+ homes across America's top luxury markets — Miami, NYC, LA, Scottsdale, and Park City. Sourced daily from Zillow.
NYC's mansion-tax dynamic, Miami's tax-migration playbook, and the buying mechanics that actually matter for $1M+ purchases.
All US guides →The US luxury real estate market is reshaping rapidly in 2026. Miami's South Florida market remains driven by tax migration from the Northeast — Brickell, Miami Beach, and Coral Gables lead. New York's $5M+ market is pricing in the Mamdani election cycle and a possible new pied-à-terre and mansion tax change. Los Angeles continues working through the post-Mansion-Tax (Measure ULA) inventory overhang. Scottsdale and Park City draw HNW buyers seeking lower state-tax exposure plus year-round lifestyle.
We track $1M+ listings (and $2M+ in NYC) daily across all five markets via Zillow's live feed — every notable price cut, days-on-market increase, or sub-tier inventory shift surfaces here within 24 hours. Read more on the NYC wealth-tax dynamic.