The Luxury Real Estate Market Prepares for a Silent Revolution
The luxury real estate market is on the cusp of a silent revolution, driven by a wave of single women and young generations craving freedom and autonomy. According to a prospective report unveiled by Sotheby's International Realty, these financially independent and determined buyers will become one of the main drivers of this sector by 2025.
By 2030, women are expected to control nearly $34 trillion, or 38% of investable assets in the United States, according to the same report. This rise to power is partly fueled by an intergenerational wealth transfer, promising to redraw the global wealth map.
In 2024, single women already accounted for 20% of homeowners, compared to just 8% for single men, according to the National Association of Realtors (NAR).
"They are financially savvy and know what they want," notes Marsha Burke, a luxury real estate advisor at Sotheby's.
The Sotheby's report also highlights a global trend: the increasing mobility of high-income individuals. By 2025, approximately 135,000 wealthy individuals are expected to relocate to a new country, up from 128,000 in 2024. While the United States remains a top destination, it recorded its lowest level of international purchases since 2009, with only 54,300 properties acquired by foreigners, totaling $42 billion.
