Yes the Luxury Market is returning. In 2009 the average sq ft of a home was an all time low, 2159 sq ft . Today the average is 2384 sq ft and has a 4th bedroom included.
Homes with the largest bedrooms and kitchens won out! The high end consumer is showing more interest in established suburban communities and good schools. “McMansions” are not as desirable as they were in the housing boom of the early 2000s.
As always, if you know of someone thinking of buying or selling a home, let me know! I’ll be happy to follow up and take great care of them.