While much of the 2025 housing conversation has focused on market correction and caution, the ultra-luxury real estate market is telling a different story—especially in San Francisco, and Silicon Valley.
According to the Compass 2025 Ultra-Luxury Report, homes priced $10 million and above generated nearly $39 billion in national sales volume, with more than 2,200 closed transactions. In an uneven market, ultra-high-net-worth buyers are moving with clarity, confidence, and long-term vision.
In San Francisco and Silicon Valley, renewed tech momentum—driven by AI, venture capital, and private equity liquidity—has brought qualified buyers back into the luxury market. Rather than chasing timing, these buyers are prioritizing architectural distinction, location, and scarcity, particularly in established neighborhoods where inventory remains limited.
Meanwhile, Sun Valley luxury real estate continues to outperform expectations as a lifestyle-driven market. Here, $10M-plus buyers are investing not in speculation, but in permanence—privacy, outdoor access, wellness, and understated sophistication. The report reinforces what discerning buyers already know: destination markets anchored in quality of life remain remarkably resilient.
The key insight from the 2025 Ultra-Luxury Report is this: the top of the market doesn’t wait for headlines—it leads quietly and decisively.
For buyers and sellers navigating San Francisco, or Silicon Valley luxury real estate, understanding where elite demand is moving—and why—creates opportunity. Ultra-luxury real estate in 2025 isn’t reacting to the market. It’s defining it.
Click here to access the 2025 Ultra-luxury Report.
