Stealth wealth buying reshapes luxury housing as privacy overtakes publicity

Verifying
  • Ultrawealthy buyers are routing luxury home purchases through LLCs, privacy trusts and whisper listings.
  • Atherton’s median sale price reached $8.33 million in 2025, up 5% from 2024.
  • Zillow found off-MLS homes sold nearly $5,000 below MLS-listed homes in 2023 and 2024.
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