Early this year we talked about one truth and three themes: 

One Truth: When there isnt a structural imbalance, real estate follows wealth and employment.

Three Themes:

1. Tight supply
2. Increasing demand from underlying demographics
3. Prices are still high

Where are we now?

The luxury market feels solid, but trendless, best described as experiencing [...]

Market Highlights

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

• Inventory up 22% (171 vs 140 last year).
• Sales up 8% (Record 645 vs record 597 last year).
• Top Sale: $12,500,000, 10 Channing Street, Cambridge.
• Middlesex Countys high-end market continues to perform at record levels with strong demand and improving inventories.
• Suburban refuge, home-work balance, and underlying demographics remain important market factors resulting in competitive bidding and record low days on
[...]

Market Highlights

HIGH-END ($2,000,000+) MARKETS HIGHLIGHTS

• Inventory up 11% (125 vs ten-year record low 113 last year).
• Sales volume down 7% (234 vs record 252 last year).
• Top sale: $18,500,000. 159 Main Street, Osterville. 
• Cape Cods high-end market continues to perform strongly despite record low inventories, negative economic factors, and diminishing COVID-driven
[...]

The implications of the statewide ballot initiative imposing a surcharge on Massachusetts incomes above $1 million are rippling across markets.

It is an honor for LandVest to partner with other leaders in the high-net-worth advisory space to help our clients navigate change.  Together with two experts, [...]

Market Highlights

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

• Inventory up 57% (291 vs 185 last year).
• Sales up 16% (Record 544 vs record 468 last year).
• Top Sale: $12,500,000, 10 Channing Street, Cambridge.
• Middlesex Countys high-end market continues to perform strongly but rising inflation, interest rates, and global uncertainty are a
[...]

Market Highlights

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

• Inventory down 35% (345 vs 256 last year).
• Sales up 23% (Record 330 vs record 268 last year).
• Top sale: $10,500,000 - 64 Highland Street, Cambridge.
• Middlesex County's high-end market continues to perform strongly but rising inflation, interest rates, and global uncertainty are a
[...]

Market Highlights

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

• Inventory down 8% (161 vs 175 last year).
• Sales volume down 3% (112 vs record 116 last year).
• Top sale: $13,750,000 - 198 & 227 Bridge St, Osterville
• Cape Cods high-end market is struggling with record low inventories.
• COVID-driven demand remains a factor in the market but rising inflation, interest rates, and global uncertainly are a
[...]

Market Highlights

HIGH-END ($2,000,000+) MARKETS HIGHLIGHTS

• Inventory down 30% (113 vs 162 last year).
• Sales volume up 12% (record 252 vs record 226 last year).
• Top sale: $19,000,000. 10, 20, 22 Scallop Path, Osterville. 
• Cape Cods high-end market continues to perform strongly despite record low inventories.
• COVID-driven demand for refuge and home-work balance remains a factor in the market, as does the strong stock
[...]

Market Highlights

HIGH-END ($2,000,000+) MARKETS HIGHLIGHTS

• Inventory down 14% (140 vs 163 last year).
• Sales up 58% (Record 597 vs record 377 last year).
• Top Sale: $10,500,000, 70 Possum Road, Weston.
• Middlesex Countys high-end market continues to perform strongly, fueled by low interest rates and a strong stock market.
• COVID-driven
[...]