The luxury real estate market is evolving, and 2025 is shaping up to be an exciting year for both buyers and sellers in Weston, Florida. From multigenerational living to the rise of influential female buyers, the forces driving the luxury real estate sector are shifting. With renewed confidence in the market and an increase in purchasing power, now is the perfect time to explore what’s driving luxury buyers and how these trends can influence your real estate decisions.
Multigenerational Living Takes Center Stage
One of the key shifts in luxury real estate is the growing demand for homes that can accommodate multigenerational living. Whether it’s raising children, caring for aging parents, or creating versatile spaces for work and play, today’s luxury buyers are seeking homes with flexible layouts. Features like in-law suites, lofts, and open floor plans are in high demand, allowing families to live together while maintaining privacy and independence.
In Weston, homes with accessory dwelling units (ADUs)—separate living spaces that aren’t necessarily attached to the main home—are also becoming popular. These flexible spaces give homeowners the ability to host guests or offer privacy for extended family while still enjoying all the luxurious amenities that define Weston’s high-end properties.
Gen X: The Luxury Homebuyers on the Rise
Gen X, once considered the “forgotten generation” in real estate, is now leading the charge in the luxury housing market. According to recent data, Gen X luxury homeownership increased by 10% over the last five years, making it the fastest-growing age group in luxury real estate. While Baby Boomers still account for more than 50% of luxury homeownership, Gen X is quickly catching up.
What’s driving Gen X buyers in Weston? These individuals are prioritizing location, convenience, and turnkey properties. They’re not just buying luxury homes for their high-end features—they’re seeking properties that offer access to experiences like cultural hubs, scenic views, and proximity to vibrant community life. As more Gen Xers also invest in second homes, it’s clear they’re focused on diversifying their investments and enhancing their lifestyles.
The Growing Influence of "She-Elites"
Women are becoming an increasingly powerful force in luxury real estate. In fact, women with a net worth of $5 million or more now own a significant portion of the luxury real estate market—15.2% in the U.S. and 13.1% globally. These "She-Elites" are not only buying properties, but also playing an integral role in decision-making, with 95% of affluent buyers reporting that women share or take the lead in making real estate decisions.
In Weston, this trend is reflected in the growing number of women who are making key real estate choices. Whether it’s purchasing a new home or selling a current property, women are making their voices heard in the luxury market, seeking homes that offer both functionality and long-term value.
New Luxury Hotspots and Changing Priorities
As the luxury real estate landscape evolves, more affluent buyers are seeking homes in emerging markets rather than traditional luxury destinations like New York and London. Cities like Dubai, Singapore, and Lisbon are becoming increasingly attractive due to their lower taxes, economic opportunities, and unique lifestyles. Additionally, U.S. cities like Austin and Houston are gaining popularity for offering luxury living at a more appealing value.
For Weston residents, this trend suggests that the appeal of South Florida—and Weston, in particular—will continue to grow. The area’s world-class amenities, top-rated schools, and proximity to cultural and recreational hubs position it as a prime location for luxury buyers who want more than just a home—they want a lifestyle.
2025: A Year of Optimism and Opportunity
The luxury real estate market in Weston and beyond is poised for a dynamic 2025. With a greater selection of properties, more purchasing power, and shifting buyer priorities, both buyers and sellers can look forward to a year of opportunity. Whether you're considering buying or selling a luxury home in Weston, understanding these trends will help you navigate the evolving market with confidence.
According to Michael Altneu, Vice President of Coldwell Banker Global Luxury, “The luxury real estate market has proven its resilience, and 2025 will see continued consumer optimism. With the shift in buyer priorities, we anticipate a more dynamic year ahead, and our Global Luxury Property Specialists are ready to help clients navigate this evolving landscape.”
For Weston’s luxury homebuyers, this is an exciting time to explore the possibilities in the market. Whether you’re looking for a home with multigenerational appeal, seeking a location that offers both luxury and lifestyle, or interested in making your next investment, now is the time to make your move in this rapidly shifting market.