Last year, the first thing my father wanted me to look into before he chose to sell his luxury house in Bangalore was how long do luxury homes take to sell. When I researched, I found it depends on several factors. Some of them include demand, your property location, property features, and so on. I have shared more factors below.
How Long does a Luxury Home stay on Market?
A luxury home in a desirable area may typically find purchasers within 3 to 6 months. Last year, I came across the famous newspaper “The Hindustan Times,” where it was mentioned that it mainly depends on the following factors.
- Type of luxury home:
Newly built luxury apartments in desirable regions may sell more quickly than older homes that could need renovation.
- Property pricing:
The conversion period for ultra-luxury residences (those costing over Rs. 3 crore) is the shortest, taking only 15 days. However, the rest takes at least a month to sell.
- Economic conditions:
Sales increase more quickly during periods of economic expansion because rising disposable incomes raise consumer confidence.
It took 2 months to sell after I used NoBroker to advertise the property for free
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How Much Time Does it Take to Sell a Property?
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How Long do Luxury Homes Take to Sell?
Bidhan8
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6 months
2025-05-28T09:13:37+00:00 2025-05-28T09:13:39+00:00Comment
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