The Sweet Spot for Buying Luxury Homes

If you've been holding off on your search for a high-end home, now might be the perfect time to dive back in. Here's why:

More Luxury Homes To Choose From The definition of a luxury home varies by location, typically referring to the top 5% of homes in any market. Recent data from the Institute for Luxury Home Marketing shows an increase in the availability of luxury homes. There are significantly more single-family luxury homes on the market now than there were a year ago, and even more than a month ago. This expanded selection means you'll have a greater variety of high-end homes to explore, each offering unique features and styles.

Whether you're looking for state-of-the-art kitchens with chef-grade appliances, stunning views, or smart home technology, the increased inventory should make it easier to find a home that fits your tastes and lifestyle.

Rising Luxury Home Prices Can Help You Build Wealth Luxury home prices have been rising, with a reported 8.7% increase over the past year according to HousingWire. This trend is encouraging more affluent buyers to invest now, anticipating further price increases.

Buying a luxury home before prices climb higher and while there's more inventory available could be a smart move. As home prices continue to rise, owning a high-end home can help build generational wealth. Waiting could mean paying more for the same home in the future as luxury prices keep escalating.

Bottom Line With an increasing inventory and rising prices, you have a great opportunity to find the luxury home of your dreams. Want to explore the high-end homes available in our area? Let's connect today!

Look below for a list of Luxury Homes For Sale in East Tennessee! This list will show you the newest luxury homes to just hit the market and some that haven't even hit the market yet! 

209 Properties
Page 1 of 18
$1,235,000
Neighborhood: Leatherwood
3
Beds
2F11/2
Baths
3,352
Sq.Ft.
2000
Year Built
1
Day on Site
1269389
MLS
4
Beds
3F41/2
Baths
5,494
Sq.Ft.
2002
Year Built
1
Day on Site
1269442
MLS
Open 7/14
1621 Duncan Rd Knoxville,  TN 37919
$1,225,000
Neighborhood: Richland Add Unit 2 Resub Of Lots 6-11
5
Beds
3F21/2
Baths
4,600
Sq.Ft.
2008
Year Built
2
Days on Site
1269278
MLS
$1,140,000
Neighborhood: Whittington Creek
6
Beds
4F11/2
Baths
4,560
Sq.Ft.
1997
Year Built
2
Days on Site
1269309
MLS
Coming Soon
3111 Choto Highlands Way Knoxville,  TN 37922
$2,650,000
Neighborhood: The Summit At Choto
6
Beds
6
Baths
7,034
Sq.Ft.
2011
Year Built
3
Days on Site
1269123
MLS
$1,789,000
Neighborhood: Westminster Green
5
Beds
4F11/2
Baths
4,890
Sq.Ft.
2002
Year Built
4
Days on Site
1268925
MLS
$1,270,000
Neighborhood: Covered Bridge At Hardin Valley Phase 1D
4
Beds
4F11/2
Baths
4,217
Sq.Ft.
2020
Year Built
4
Days on Site
1268946
MLS
$1,140,000
Neighborhood: Saddle Ridge
5
Beds
5
Baths
6,321
Sq.Ft.
1998
Year Built
5
Days on Site
1268796
MLS
3
Beds
3F11/2
Baths
2,400
Sq.Ft.
2024
Year Built
5
Days on Site
1268799
MLS
$1,735,000
Neighborhood: Carolyn Acres
4
Beds
4F11/2
Baths
6,179
Sq.Ft.
1995
Year Built
5
Days on Site
1268822
MLS
$1,475,000
Neighborhood: Forest View & Large S/D Resub
6
Beds
3F11/2
Baths
4,054
Sq.Ft.
2007
Year Built
5
Days on Site
1268885
MLS
Coming Soon
12266 Fredericksburg Blvd Knoxville,  TN 37922
$1,550,000
Neighborhood: Jefferson Park Unit 1
5
Beds
4F11/2
Baths
6,120
Sq.Ft.
2012
Year Built
5
Days on Site
1268909
MLS
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Real Broker are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.

Are you ready to start your luxury home search? Give us a call! 

Real estate photo
 Lainey Jones - REALTOR®
 Great Life RE / Real Broker
 (865) 356-5003
 (844) 591-7325

 Eleanor Cippel - REALTOR®
 Great Life RE / Real Broker
 (865) 712-3656
 (844) 591-7325

Let's Chat


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