All summer long I’ve been asked, “How’s the market?” I’ve answered, “Great, up to around $4M.”
But what began as a trickle in March, has now picked up steam, to the point where you could almost pronounce the high-end as “recovered”. I say “almost” because here we are, six long years since the collapse, and there are still plenty of back-country properties worth less than their owners paid in 2006 or 2007.
Nevertheless, here’s the good news:
17 sales of high-end, $7M+ properties (under contract or already closed, in the last six months).
Below, a stellar example…
List: Tamar Lurie
Sell: Marijane Bates-Hvolbeck