Three residences at Rabina's 393 West End Avenue went into contract last week, highlighted by?Mansion Global's?Chava Gourarie in her story, "Manhattan’s Luxury New Developments Record Strongest Week in 2.5 Years"
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The Olshan Luxury Market Report for the week of April 29-May 5, 2024, noted that 26 contracts were signed for Manhattan residential properties priced at $4 million and above. This represents a slight decrease from the previous week. The sales primarily included condos, which dominated over co-ops and townhouses. Notably, eight of these contracts were for properties priced at $10 million and above. The top sale was a condo at 500 West 18th Street, which was listed at $13,770,000. The report highlights the continuing demand for high-priced, luxury residential properties in Manhattan.
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Luxury real estate is distinct. ? The properties, clientele, and market all follow individual trends separate from the traditional real estate realm. In the case of selling a luxury home in Toronto, sellers who are eager to achieve a high return on their property must approach the market in a strategic and informed manner. ?? By extension, luxury sellers should closely consider how their homes will meet the needs and tastes of first-rate buyers. With an in-depth understanding of what contemporary buyers are looking for in Toronto’s luxury real estate market, upscale property owners gain valuable insight into how they can tailor their listing in order to maximize interest ?? ?? https://lnkd.in/gyaSex9Q Christensen Real Estate Group ?? [email protected] ?? 416-722-4723
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?? Looking for luxury homes in Oro Valley, Arizona? Great news! The inventory of homes priced over $800,000 is increasing, and so are the prices. If you’re considering buying a luxury home, now might be the perfect time. Contact us today to discuss your real estate goals and find your dream home! ??? #LuxuryHomes #OroValleyRealEstate #DreamHome #LuxuryLiving #HomeBuying #RealEstateGoals #teamchesteraz #teamchester #longrealty #sale #home #homes #luxury #oro #homeforsale #homesforsale #luxuryhome #luxuryhomes #orovalley #valley
Why Now is the Best Time to Buy Luxury Homes in Oro Valley?Arizona
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If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why. There Are More Luxury Homes To Choose From What’s considered the top-end of the market, or a luxury home, will always vary by location. But generally speaking, they’re homes that are valued in the top 5% of any given market. According to a recent report from the Institute for Luxury Home Marketing, the selection of luxury homes is... Darby Zwagerman |????773-294-9147?| Broker at @properties | Christie's International Real Estate
The Sweet Spot for Buying Luxury Homes
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The luxury real estate market in Miami-Dade County continues its upward trajectory, showing resilience and strong growth despite the challenges of recent years. The median price for luxury condos in Miami Beach and the surrounding barrier islands reached $4 million in the fourth quarter of 2023, marking a notable 7% annual increase. Even in the mainland Miami market, luxury condo prices saw a 3% rise, reaching a median price of $1.55 million by the end of last year. Heading into the spring market, the luxury condo segment in Miami-Dade County remains vibrant, with significant interest shown by buyers, particularly from the Northeast corridor, Chicago, California, Mexico City, and parts of South America. This diverse buyer base reflects the enduring appeal of Miami’s luxury real estate offerings. Buyers, whether local or relocating, are keen on new construction or recently renovated homes, seeking chic and stylish residences that allow them to settle in quickly and enjoy the Miami lifestyle. Check five new luxury developments currently launching sales ?? #thealgaringroup?#alexalgarin?#miamiluxury?#miamirealestate?#luxuryliving?#miamicondos?#miamibeachhomes?#luxuryhomes?#miamilife?#realestatetrends?#luxurylivingmiami?#springmarket?#newconstruction?#miamiinvestment?#miamispring?#miamiluxuryhomes
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I'm posting this more as a discussion starter than a recommendation. There may be more luxury homes on the market, but a "cheap" luxury home that doesn't really meet your needs and is expensive to own and maintain is not necessarily a bargain. #housingmarketupdates #homebuyingtips #realestate
The Sweet Spot for Buying Luxury Homes
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You’ll get a little less bang for your buck when buying a luxury property in Sydney in 2024. That’s according to Knight Frank’s latest Prime International Residential Index (PIRI 100), which tracks luxury residential property prices worldwide. In Sydney, US$1 million bought 43 square metres of luxury space in 2023 compared to 44 square metres in 2022. Luxury sales also fell by 37% on average in 2023, primarily due to supply shortages. Knight Frank Partner Erin van Tuil said, “Whilst volumes have dropped for Sydney’s prime residential market, values have not, demonstrating once again that Sydney remains a popular location to live and invest for high-net-worth individuals and ultra-high-net-worth individuals.” Van Tuil also highlighted that Sydney remains competitive in a global market, with US$1m buying you 10 square metres more in Sydney than London, 9 square metres more than in New York and 21 square metres more than in Hong Kong. If you’re interested in buying a luxury home in Sydney, contact me on [email protected] or 0413 766 888. #homeloans #luxuryrealestate #Sydney
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Miami luxury condo market pricing could grow well beyond our imagination by 2030. Over the next 10 years 1.2 million people currently living in the US worth at least $5 million will transfer an estimated $31 trillion to their heirs and about two-thirds of that extraordinary amount of wealth - or $19.9 trillion - is forecast to be passed on by 2033 by about 155,000 individuals with a net worth of $30 million. Luxury market pricing could grow well beyond our imagination. What might this do to luxury real estate? It's very possible that we're about to enter an era of runaway luxinflation. The ability for markets to keep up the supply for this growing demand is almost certain to trigger massive price hikes. That $1,000 per night hotel room that is now $1,750 per night could easily go to $3,000. That $5 million Palm Beach mansion that now sells for $10 million could become a $25 million mansion. Luxury retail, auto, entertainment, travel, hospitality as well as luxury and ultra luxury residential real estate markets will see massive infusions of capital.
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How long does it actually take to sell a luxury home? ??? Well, when it comes to luxury real estate, patience is key → Luxury buyers are discerning and finding the perfect match for custom homes can take time. But fear not! In San Diego's currently thriving luxury housing market, demand is high, and inventory is low, which means your luxury property could get more attention than in previous markets. __________________________? ? Want to know how you could make your home stand out in this hot market? Let's connect? ?? 619.990.2297? ? Diane Sullivan? ?????????? ???????????????? ????????????? DRE# 01409974? ? #ds4re #dianesullivanrealty
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If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why. There Are More Luxury Homes To Choose From What’s considered the top-end of the market, or a luxury home, will always vary by location. But generally speaking, they’re homes that are valued in the top 5% of any given market. According to a recent report from the Institute for Luxury Home Marketing, the selection of... #HomesaleRealty #NorthPointe #BHHS #BerkshireHathawayHomeServices #RealEstate #RealEstateMarket #Home #BriningHomeToYourFrontDoor
The Sweet Spot for Buying Luxury Homes
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