High-End $2,000,000+ Market Highlights

• Inventory up 29% (171 vs 133 last year). 
• Sales volume up 30% (Record 264 vs 203 last year). 
• Top sale: $22,750,000, 835 Sea View Avenue, Osterville. 
• Strong demand focused at the $2-4mm range. 
• Sea level rise and storm impacts are increasing concerns for coastal properties. 
• As usual special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]

Explore exclusive insights into Cape Cod's high-end real estate market in the first quarter of 2024. Discover trends, top sales, and inventory dynamics, providing valuable analysis for buyers and sellers.

Home sales are lagging. Although economists (as did I) predicted around 4.60 million existing home sales for 2024, that number is now expected to end the year at 3.84 million units [according to NAR September report]. This represents a 6.1% decline from 2023, which was already the worst year we had seen since 1995. Bear in mind that the US [...]

As the vibrant tapestry of reds, oranges, and yellows blankets the Northeast, visitors swarm to New England to experience the breathtaking fall foliage firsthand.

For New England locals, the changing seasons offer a front-row seat to natures spectacular show, allowing them to savor the vibrant colors for as long as possible. No matter how [...]

LandVest's President, Joseph Taggart, shares his expertise on the housing shortage in the US and the attempt to accommodate the newest generation of buyers.

Entering an Era of Change

Camden and the Midcoast have quieted down after the holidays but theres lots of ongoing winter activity.

The National Toboggan Championships, held February 3 and 4 at the Camden Snow Bowl, were a great success with over 400 toboggans entered, clear weather, and favorable ice conditions; the town was packed and [...]

Stewart Young, a LandVest | Christie's International Real Estate Principal focusing on Cape Cod, the South Coast, and Boston's western suburbs, compiles the LandVest Index which tracks sales of high-end properties across New England and the Adirondacks.

High-End $2,000,000+ Market Highlights

• Inventory up 6% (133 vs record low 125 last year).
• Sales volume down 13% (203 vs 234 last year).
• Top sale: $15,100,000. 959 SeaView Ave, Osterville.
• Cape Cods high-end market continues to perform strongly despite low inventories, negative
  economic factors, and diminishing COVID-driven
[...]

LandVest's President Joseph Taggart provides his expert insight on forecasting residential home sales as we head into 2024.