Tag Archives: luxury sales

$10M-plus deals in Manhattan hit biggest week since December

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There were 11 contract signings at $10 million-plus last week, and the city’s priciest closing was on a downtown condo that sold in an off-market deal for $60 million. Continue reading →

Luxury sales surge near Mar-a-Lago as Trump settles into 2nd term

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Luxury home sales have taken off since Donald Trump’s re-election, and Palm Beach, Florida, home to his Mar-a-Lago resort, is at the center of the boom, Mansion Global reported Thursday. Continue reading →

Year of the off-market deal? DropOffer sees potential in 2023

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Proptech DropOffer, a company that developed an app to help agents assist buyers in off-market transactions, predicts the number of selling alternatives on the market will result in an increase in non-MLS deals in 2023. Continue reading →

Luxury housing market plunges to new low as priciest inventory rises

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Stock market declines and recession concerns stopped the luxury market in its tracks in Q3, with home sales in the top percentile of the market declining 38 percent year over year, according to Redfin. Continue reading →

Luxury home sales plunge to 10-year low, surpassing COVID levels

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Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading →

RE/MAX Approved Supplier Pacaso aims for deep industry adoption

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This strategic alliance with RE/MAX will formally introduce the co-living leader to agents who operate in markets where it has homes and shares available. Continue reading →

NYC nears record levels, Miami rivals Palm Beach: SERHANT.

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The super-prime market remained resilient, although low inventory and stock market volatility impacted buyers a bit during the second quarter, SERHANT.’s Garrett Derderian said. Continue reading →

What does it mean when even the wealthiest step back from buying?

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Luxury deals are down 18 percent year over year, and buyers are more cautious than they’ve been in years, a sign the market is continuing to normalize, according to agents and a new Redfin report. Continue reading →

Palm Springs ‘Poolside Gossip’ home sells for record $13.06M

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The tranquil, modernist home that inspired the 1970s photograph by Slim Aarons has sold for a record $13.06 million in Palm Springs in an off-market deal. Continue reading →