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.

 

As the exclusive New England affiliate of Christie's International Real Estate, as well as the largest manager of commercial forestland in the Northeast, LandVest has a unique perspective on the timberland and housing lifecycle. From my present perch, the spring home construction market has [...]

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
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LandVest closed some of the biggest real estate deals in New England last year. Among the many high-end transactions handled by our team in 2024, several properties sold as the highest-priced home in their respective markets during the entire year.

 

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
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LandVests Institutional Land Group had another remarkable year finishing 2024 with $1 Billion in sales on 445,000 acres in 15 states and 3 countries ($2,225 per acre). This compares with last years performance of $775 million on 279,000 acres across 20 states.