I am pleased to provide below an overview of luxury property sales in 2017. My complete report will be available to clients and potential clients towards the end of January.
In 2017, there were 4,713 sales at or above $1,000,000 compared to 4,586 in 2016, an increase of 2.77%.
- Between $1,000,000 and $1,999,999 there were 3,771 sales compared to 3,590 in 2016, an increase of 5.04%.
- Between $2,000,000 and $2,999,999 there were 590 sales compared to 622 in 2016, a decrease of -5.14%.
- Between $3,000,000 and $3,999,999 there were 194 sales compared to 203 in 2016, a decrease of 4.43%.
- Between $4,000,000 and $4,999,999 there were 67 sales, compared to 87 in 2016, a decrease of -22.99%.
- Between $5,000,000 and $9,999,999 there were 82 sales, compared to 74 in 2016, an increase of 10.81%.
- Above $10,000,000, there were 9 sales in 2017, compared to 10 in 2016.