She-Elites Are Shaping the Future of Luxury Real Estate

Lisa Mailhot  |  January 7, 2025

Buyers

She-Elites Are Shaping the Future of Luxury Real Estate

 

The luxury real estate market has a new powerhouse: wealthy women, dubbed the "she-elites," are emerging as leaders in this high-end segment. According to the Coldwell Banker Global Luxury’s Trend Report 2025, as reported by Snejana Farberov, women with a net worth of $5 million or more now own 15.2% of high-priced residential properties, a number that continues to grow.

This shift is not only reshaping luxury real estate trends but also showcasing women as critical decision-makers. As Jade Mills, president of Jade Mills Estates, puts it: “Women, especially, are powerful decision-makers that are making critical choices about where and how they live.”

Women as Key Players in Real Estate

While the broader real estate market faced challenges in 2024, the luxury segment remained resilient. Homes priced over $1 million saw a 7.1% sales increase year-over-year, and the luxury home price threshold hit a historic high of $1.55 million. Women were a "silent driver" of this growth. This is especially true among younger generations.

Among millennials and Gen Z, single women now own more luxury homes than their male counterparts. In fact, women under 35 account for 54% of luxury-home owners in this demographic. This surge in female ownership aligns with broader societal shifts, including women gaining leadership roles in finance and technology. The pandemic only accelerated these trends, allowing women to step into wealth-building opportunities with renewed confidence. Their influence extends beyond homeownership—many are opting for luxury properties as investment vehicles. Vacation homes and income-generating rentals in urban hotspots are increasingly popular choices for female investors.

Financial Independence and Decision-Making

A staggering 94.5% of luxury property specialists report that women either share decision-making power or hold full authority in home purchases. This includes married women who have emerged as key influencers in buying and selling, even if they aren't always the sole purse-string holders.

Single women without children, often referred to as SINKs (Single Income, No Kids), are also significant contributors. With fewer financial obligations like child care or tuition, they are channeling their disposable income into luxury real estate.

A Look Ahead

McKinsey & Company projects that by 2030, women will control the majority of the $30 trillion in assets held by aging baby boomers. This generational wealth transfer is poised to further empower women in the luxury real estate market, solidifying their role as the "new face of wealth."

Bottomline

The rise of the she-elites is more than a trend—it’s a seismic shift in the luxury real estate market. While these trends are being seen nationally, they are also present in areas like Orange CountyWhether you’re looking to invest or find your dream home, women are taking the lead in redefining what’s possible.

If you're ready to explore opportunities in the Orange County real estate market, let's connect. Your dream home is closer than you think—let's start the conversation today.

 
 

RECENT BLOG POSTS

Rising from Ashes: Housing Challenges Amid LA Wildfire Devastation

As wildfires devastate LA County, real estate agents rally to provide housing for displaced families amid surging rental demand. Discover the community's resilience an… Read more

Top 15 U.S. Cities Where Quality of Life Shines Bright in 2024–25

Discover the 15 U.S. cities leading in quality of life for 2024–25, as ranked by U.S. News & World Report. From affordability challenges to cultural gems and natural b… Read more

She-Elites Are Shaping the Future of Luxury Real Estate

Women are redefining the luxury real estate market, emerging as powerful decision-makers in high-end home buying and selling. Discover how this trend is transforming t… Read more

Shield Yourself: How to Spot and Avoid Real Estate Scams

Protect your investment! Learn how to identify red flags in real estate scams, from wire fraud to fake listings. Safeguard your hard-earned money with these expert tip… Read more

Winter Freeze: Real Estate Market Sees Sharpest Slowdown in Two Years

Discover the trends that froze the real estate market in December, as homes lingered on the market and inventory plunged. What does this mean for buyers and sellers he… Read more

California’s New Wildfire Insurance Rule: What It Means for Homeowners

California's new insurance regulation requires coverage in wildfire-prone areas but may result in significant cost increases for homeowners. Learn how this impacts hom… Read more

2025 and Beyond: Navigating the Turbulent Waters of Real Estate Antitrust Litigation

As real estate braces for 2025, antitrust litigation remains a key battleground. Learn about the appeals, buyer-side lawsuits, policy shifts, and DOJ scrutiny reshapin… Read more

Understanding Quitclaim Deeds: When and Why You Might Need One

Quitclaim deeds are a quick and efficient way to transfer property between family members or spouses without a sale. Learn what a quitclaim deed is, how to create one,… Read more

Unpacking the Surge in Existing-Home Sales Across the US

In November, existing-home sales reached a three-year high with a 6.1% annual increase, led by significant growth across three major U.S. regions. This blog explores t… Read more

We are excited to assist you in finding your perfect home

Let's find a time that suits you best to chat about your goals, show you how we work, and figure out how we can help you the most