Tag Archives: real estate news

Luxury Real Estate Headlines: Third Week in August 2018

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

Mapleton, Utah | Kerry Oman, Summit Sotheby’s International Realty

“After retiring from Major League Baseball in 2001, first-baseman Wally Joyner built a Utah home devoted to a very different sport: horseback riding. His equestrian estate includes a combination house and horse barn spanning some 45,000 square feet.”

Baseball’s Wally Joyner Lists Equestrian Estate for $7.9 Million – Wall Street Journal

A ‘Peak Penthouse’ in Point Piper, Australia – Mansion Global

This Dreamy Nantucket-Style Home on the Jersey Shore is Looking for a New Owner – Coastal Living

Hot Property: Homes with Glorious Gardens – Financial Times

Stand-Up Comic and Writer Steve Bluestein Puts Offbeat Bel-Air Abode on the Market – Los Angeles Times

A Gut Renovated Amagansett Property is on the Market for $5.95M – Cottages & Gardens

6 Lovely Homes for Gardeners – The Week

Tommy Hilfiger’s Penthouse Apartment is as Fashionable as You’d Imagine – Today

Bella Swan’s ‘Twilight’ House is Now Up for Sale – Observer 

A. Quincy Jones-Designed Home in Brentwood Fetches $3.4 Million – Los Angeles Times

House Hunting in… Austria – The New York Times

Cooling Measures Could Calm ‘Euphoria’ for Singapore Flats, Property Experts Say – South China Morning Post

Wealthy Parents Help Child Athletes Go Pro in Their Own Backyards – Wall Street Journal

World’s First Film Poster Set to Go Up for Auction at Sotheby’s – The Guardian

Luxury Real Estate Headlines: Last Week in July 2018

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

Park City, Utah | Peter Linsey & Damon Leake –  Summit Sotheby’s International Realty: $3,895,000

“This is a magnificent home that has been remodeled in 2017. The home is very dramatic with amazing high-end finishes with that wow factor! The setting is fabulous as it is surrounded by approximately 1,000 Acres of open space with beautiful views of The Wasatch Mountains. Everything about this home is fantastic! From the the floor plan to the outdoor living space, which includes a separate patio for each bedroom, Living room, and Breakfast room. The kitchen is over the top. There is a separate spa room with a sauna, steam shower, and bath. Outside there is a fireplace, hot tub, and fire pit. Large 4 car garage, great custom lighting throughout, beautiful wine cellar, 7 fireplaces, media room, 2 great wet bars, Great room and family/piano room upstairs with a Grand Master suite, and family room downstairs with separate rec room next to it. This home, with approximately 8,700 Square Feet, is incredibly beautiful. Furnishings are negotiable.“

Minimalist Home with Jaw-Dropping Rocky Mountain Views Asks $16.9M – Curbed

When Home is a Portuguese Bachelor Pad Fit for a King – Wall Street Journal

15 of the Most Expensive Homes in the World – Robb Report

Sotheby’s International Realty Continues to Expand Luxury Brand Presence in Southeast Asia – Sotheby’s International Realty

Hot Property: Homes for Cycling Fans – Financial Times

Golfer Raymond Floyd Finds Buyer for $17.5 Hamptons Home – Mansion Global

Lisbon’s Ornate Xabregas Palace Comes Up for Sale – The Spaces

News Anchor Tony McEwing is Ready to Call it a Wrap in Franklin Hills – Los Angeles Times

The Pinnacle Penthouse, The Woolworth Tower Residences, New York City – Elite Traveler

Tokyo Developments Curtailed by Rising Construction Costs – Financial Times

House Hunting in… Argentina – The New York Times

At Emirate Hills in Dubai, More is More – Mansion Global

LIVE | Music – Sotheby’s International Realty

This Ford GT40 From Le Mans is Poised to Take the Lead at RM Sotheby’s Monterey Sale – Robb Report

Luxury Real Estate Headlines: First Week in July 2018

569 Deer Valley Loop #8
Park City Utah | Christine Grenney, Summit Sotheby’s International Realty

“Imagine living just a short walk from Old Town’s Gold Coast. Within minutes, you can be dining at an acclaimed restaurant or touring Main Street’s art galleries. As if the location couldn’t get any better, The Lofts townhomes are also on the bus route, just over a mile from world-class skiing. The caliber of the property itself, however, doesn’t pale in comparison to its desirable setting. .”

Georgia’s Priciest House Hits Market in Atlanta for $25M – Mansion Global

Railroad Chief’s Equestrian Estate Returns for 40% Off – Wall Street Journal

6 Beautiful Homes in the Mountains – The Week

Hot Property: Homes for Car Lovers – Financial Times

Contemporary Home in Rio de Janeiro with a Striking View – Mansion Global

$650,000 Homes in Rhode Island, Missouri and Tennessee – The New York Times

6 Historic New Jersey Homes – The Week

Hamptons Surf Home Sells for Almost $23 Million – Wall Street Journal

Tyra Banks Buttons Up Another Home Sale in Pacific Palisades – Los Angeles Times

Info is Key to Buying New Development Off Plan – Mansion Global

In Cooling Housing Markets, ‘Bump Clauses’ Help Seal Win-Win Deals – Wall Street Journal

Munich’s Schwabing is Lively, Central, and Upscale – Mansion Global

Bank of Mum and Dad: Study Shows How a Growing Number of Singaporeans are Paying for Their Homes – Domain

How I Went From a High School Teacher to a C-Suite Executive Through the Power of ‘Yes’ – Thrive Global

The Reverie of Island Living – T Brand Studios

10 Dream Homes That Take City Dwelling to a Whole New Level – Elle Decor

Victoria Beckham’s Favorite Rubens Painting Fetches $7 Million at Sotheby’s Old Masters Sale – artnet News

April 2018 Washington County Real Estate Market Video Update

April 2018 Washington County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Washington County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Washington County – Single Family Homes: Active inventory was down 24% from 2017 with 832 units on the market and down 8% from the previous month. The median listing price was just under $430,000. The average days on market was down 14% from 65 days in 2017 to 56 days in 2018. The median sales price was just over $320,000. The averages for units sold in the month of March decreased 15% for units sold year over year and increased 38% month over month with a total of 307 units sold.

Washington County – Condominiums: Active inventory was down 16% from 2017 with 124 units on the market and down 18% from the previous month. The median listing price was just over $220,000. The average days on market was up 2% from 46 days in 2017 to 47 days in 2018. The median sales price was just under $190,000. The averages for the month of March show an decrease of 19% for units sold year over year and 5% increase over the previous month with a total of 60 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

April 2018 Salt Lake County Real Estate Market Video Update

April 2018 Salt Lake County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Salt Lake County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Salt Lake County – Single Family Homes: Active inventory was down 24% from 2017 with 1,413 units on the market and down 7% from the previous month. The median listing price was $469,900. The average days on market was down 8% from 37 days in 2017 to 34 days in 2018. The median sales price was just over $353,000. The averages for units sold in the month of March decreased 11% for units sold year over year and increased 24% month over month with a total of 1,016 units sold.

Salt Lake County – Condominiums: Active inventory was down 18% from 2017 with 445 units on the market and down 7% from the previous month. The median listing price was just under $300,000. The average days on market was up 25% from 24 days in 2017 to 30 days in 2018. The median sales price was just under $240,000. The averages for the month of March show a increased of 10% for units sold year over year and increased 55% over the previous month with a total of 388 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

March 2018 Washington County Real Estate Market Video Update

March 2018 Washington County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Washington County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Washington County – Single Family Homes: Active inventory was down 22% from 2017 with 870 units on the market and up 5% from the previous month. The median listing price was just under $420,000. The average days on market was down 10% from 63 days in 2017 to 57 days in 2018. The median sales price was just under $330,000. The averages for units sold in the month of February decreased 5% for units sold year over year and decreased 8% month over month with a total of 213 units sold.

Washington County – Condominiums: Active inventory was down 11% from 2017 with 126 units on the market and down 3% from the previous month. The median listing price was just under $225,000. The average days on market was up 16% from 38 days in 2017 to 44 days in 2018. The median sales price was just over $190,000. The averages for the month of February show an increase of 6% for units sold year over year and 7% decrease over the previous month with a total of 53 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

March 2018 Salt Lake County Real Estate Market Video Update

March 2018 Salt Lake County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Salt Lake County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Salt Lake County – Single Family Homes: Active inventory was down 23% from 2017 with 1,367 units on the market and down 14% from the previous month. The median listing price was $439,900. The average days on market was up 4% from 45 days in 2017 to 43 days in 2018. The median sales price was just under $340,000. The averages for units sold in the month of February increased 4% for units sold year over year and held steady month over month with a total of 7613 units sold.

Salt Lake County – Condominiums: Active inventory was down 13% from 2017 with 449 units on the market and down 13% from the previous month. The median listing price was $285,000. The average days on market was up 42% from 30 days in 2017 to 43 days in 2018. The median sales price was just over $234,000. The averages for the month of February show a decrease of 7% for units sold year over year and decreased 12% over the previous month with a total of 236 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

October 2017 Salt Lake County Real Estate Market Video Update

October 2017 Salt Lake County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Salt Lake County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Salt Lake County – Single Family Homes: Active inventory was down 12% from 2016 with 2,615 units on the market and down 1% from the previous month. The median listing price was just over $410,000. The average days on market was up 19% from 27 days in 2016 to 32 days in 2017. The median sales price was $326,500. The averages for units sold in the month of September decreased 18% for units sold year over year and decreased 19% month over month with a total of 1,005 units sold.

Salt Lake County – Condominiums: Active inventory was down 15% from 2016 with 637 units on the market and up 2% from the previous month. The median listing price was just over $270,000. The average days on market was up 4% from 27 days in 2016 to 28 days in 2017. The median sales price was just over $212,000. The averages for the month of September show a decrease of 9% for units sold year over year and down 21% over the previous month with a total of 359 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

August 2017 Salt Lake County Real Estate Market Video Update

August 2017 Salt Lake County Real Estate Market Video Update

Summit Sotheby’s International Realty has released information about real estate markets in Salt Lake County for the previous month. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Salt Lake County – Single Family Homes: Active inventory was down 21% from 2016 with 2,309 units on the market and up 2% from the previous month. The median listing price was just over $424,900. The average days on market was down 4% from 25 days in 2016 to 24 days in 2017. The median sales price was just under $325,000. The averages for units sold in the month of July decreased 12% for units sold year over year and decreased 20% decrease month over month with a total of 1,094 units sold.

Salt Lake County – Condominiums: Active inventory was down 29% from 2016 with 560 units on the market and down 12% from the previous month. The median listing price was just under $269,800. The average days on market was down 4% from 24 days in 2016 to 23 days in 2017. The median sales price was just under $230,000. The averages for the month of July show a decrease of 2% for units sold year over year and down 12% over the previous month with a total of 369 units sold.

To find out more about all our local real estate markets, watch our 60-second market videos at: www.summitsothebysrealty.com/market-update

Luxury Real Estate Headlines: First Week in August 2017

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

modrn$2,500,000 USD | Deer Valley, Utah | Summit Sotheby’s International Realty

”What’s this, a newly renovated townhouse in the Silver Lake area of Deer Valley? Renovated back to the studs & unused since completion you ask? Why yes and very tastefully so in a mountain modern theme with 4 bedrooms, 3 of which have ensuite bathrooms, 2 family rooms, up and down laundry, large mudroom, generous dining room, spacious deck, an attached 2 car garage and compared with similar units… relatively low HOA’s. And with quick access to the ski runs? There certainly is, only around 80 yards so an easy walk in your boots and you’ll be heading off downhill.”

Fort Lauderdale, Florida’s Priciest Listing Hits Market for $32 Million – Mansion Global

Five Homes for Childhood Adventures – Financial Times

5 of the Most Extraordinary Swimming Pools Around the Globe – Robb Report

A Private, Waterfront Australia Home with Its Own Marina and Helipad – Mansion Global

This House in California is Surrounded by Glass Walls to Take Advantage of the Amazing Views – Contemporist

7 To-Die for Homes Along Florida’s Scenic 30A – Coastal Living

Montauk Hither Hills Home with 6,900 Square-Feet Comes on the Market, Asking $6.75M – Curbed Hamptons

River Oaks Mansion Built for George R. Brown Listed for $10 Million – Houston CultureMap

House Hunting in… Sicily – The New York Times

One of Kiawah Island’s Priciest Homes Sells for $15.25 Million – Mansion Global

Homes that Sold for Around $1,000,000 – The New York Times

Aston DBR1 Could Hit $20M at RM Sotheby’s Monterey, Could Break British Car Record of $21.75M – Forbes