HIGH-END $2,000,000+ MARKET HIGHLIGHTS

• Inventory up 12% (Record 514 vs record 458 last year).
• Sales up 23% (Record 423 vs record 345 last year).
• Top Sale: $10,500,000, 10 Appleton Street, Cambridge.
• Buyers and sellers continue to increase their activity resulting in record inventories and sales.
• As usual, special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]

 

Perched on the northern edge of Gloucester, Massachusetts, Annisquam feels like a village where time slows down. With its clapboard homes, winding lanes, and views that stretch from quiet coves to the open sea, it offers a glimpse of coastal New England as it was, and, in places like this, still is. Far from the well-trodden tourist paths [...]

 

HIGH-END $2,000,000+ MARKET HIGHLIGHTS

• Inventory up 33% (Record 428 vs record 323 last year).
• Sales up 8% (Record 117 vs record 108 last year).
• Top Sale: $10,500,000, 10 Appleton Street, Cambridge.
• Buyers and sellers continue to increase their activity resulting in record inventories and sales.
• As usual special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]

The New England Luxury Real Estate Report is an annual review of select high-end markets in Maine, Massachusetts, New Hampshire, Vermont, and the Adirondacks. Commentary and insights are provided by Luxury Real Estate Brokers at LandVest.

Market Highlights

HIGH-END $2,000,000+ MARKET HIGHLIGHTS

• Inventory up 16% (Record 206 vs record 178 last year).
• Sales up 27% (Record 751 vs 592 last year).
• Top Sale: $10,750,000, 80 Orchard Ave, Weston.
• Buyers and sellers continue to increase their activity resulting in record inventories and sales.
• As usual special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]

A Window for Buyers?

The late days of summer are full of news about growing inventories of listed homes, more price reductions, and stock market volatility. That said, the first meaningful reductions in mortgage rates in 2024 offers the prospect of future savings in financing [...]

History Suggests Presidential Elections Deliver Buyer Opportunities

Every presidential election year brings uncertainty and 2024 is proving to be one of the most unsettled election cycles in memory. But history suggests that in the U.S. real estate market, election trends can be more predictable than you might think. Since 1980 the autumn [...]

In the first half of 2024, the most common question I have been asked is whether housing is overpriced. Although my instincts told me no, I wanted to take a deep dive into the numbers to see what the data was telling us. Based on my analysis, the answer is yes and [...]

Anecdotal evidence suggests that Millennial home buyers are seeking a work/life balance that includes both sustainability and land ownership. Enter: permaculturea growing trend among LandVest Vermont [...]