Tag Archives: utah

Luxury Real Estate Headlines: Third Week in April 2018

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

Farmington, UT | Summit Sotheby’s International Realty | Offered at $1,559,900

One-of-a-kind French Provincial Estate nestled atop Farmington’s bench. Nearly one acre of beautiful grounds kindly compliment this exquisite home. The interior consists of open spaces with quality and design throughout including Walker Zanger limestone and hickory hardwood. Floor plan features a spacious master suite with incredible views, a great kitchen with attached family room, and a spacious side load 3-car garage leading to a large mudroom and pantry. Tall ceilings welcome you downstairs to 4 large bedrooms, 3 full bathrooms, a study, craft room, large recreation room, wet bar, and a rock climbing wall. This estate is the perfect combination of privacy and connectivity to the neighborhood with dense scrub oak to the South, views of the Great Salt Lake to the West, Shepards Creek to the North and Shoreline Trail access with waterfall to the East. Try out the tree swing while enjoying the calming sounds of the creek, or head out back to entertain on the large patio overlooking a secluded pool, fire pit, and custom built mini home used as a chicken coop and shelter for the goats.

A Central Park West Townhouse, Rooted in History, on the Market for $29 Million – The New York Times

A Tidy Kennedy Bungalow, Perfect for the Low-Key LA Life – Bloomberg

5 Estates Built for Oenophiles – Robb Report

Hot Property: Wild Swimming – Financial Times

A San Francisco Edwardian Combines Old and New – Wall Street Journal

$2.7 Million Homes in Massachusetts, Idaho and New Mexico – The New York Times

5 Spectacular Waterfront Estates for Boaters – Robb Report

House of the Week: Kenneth Jay Lane’s Park Avenue Pad – WWD

Carmel, California-Estate with Stables, Pinot Noir and Chardonnay Vineyards Hits Market – Mansion Global

How Individualized Consultations Improve the In-Home Buying Experience – PSFK

Nice Adapts to Fall-Off in Property Buyers from Russia – Financial Times

10 Gorgeous Homes that Get Luxe Mountain Living Right – Elle Decor

Sotheby’s India Maiden Auction to Feature Never-Before-Seen Tyeb Mehta Painting – India West

High price of real estate poses real obstacles for Utah churchesSalt Lake Tribune

Tumbleweed Trouble: Homeowners Overrun by Thorny TerrorsRealtor.com

Coldwell Commercial acquired by Colliers InternationalDeseret News

Luxury Real Estate Headlines: Second Week in April 2018

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

Charleston, Utah | Summit Sotheby’s International Realty | Offered at $2,300,000

This thoughtfully designed mountain craftsman home boasts an open floor plan, vaulted ceilings, hickory hand scraped wood flooring, gourmet kitchen & exceptional outdoor living space. 5 bedrooms, 6 bathrooms on 4.10 acres of gorgeous landscaping and horse property. This home has it all with a formal living room, coffered ceiling office/den and a main level master suite which includes a steam shower, air jetted tub, giant custom closets, and a picturesque sitting area with fireplace and entrance to a covered patio. Enjoy Brazilian Granite counters, custom cabinetry, pot filler, vented hood, and large, walk-in, hidden pantry. Family and guests will love the beautiful exercise facility with rubberized flooring, 2 story climbing wall, hardwood floor dance/yoga area, and a playhouse with fireman pole. Serene waterfall, fire pit, play area, garden, patio for entertaining and plenty of space horses and privacy

A Beachside Condo on Maui’s Wailea Beach – Mansion Global

A First Look at the Stunning New 40th-Floor Residence at the Woolworth – Architectural Digest

Live in a Fairytale: 7 Castle Homes – Financial Times

Bond Girl Izabella Scorupco Seeks a Match for Spanish Bungalow Near Griffith Park – Los Angeles Times

Artists’ New Mexico Retreat Lists for $560K – The Spaces

Coral Gables Villa with Mediterranean Charm Lists for $1.996M – Curbed

A Home for Film in The Hamptons, Long Island – Financial Times

4 Magnificent Malibu Homes with Stunning Outdoor Spaces – Coastal Living

See Inside Rachael Ray’s Stunning Hamptons House – House Beautiful

River Oaks Mansion Built for Saudi Prince Still on the Market – Houston Business Journal

Ali Wentworth, George Stephanopoulos Sell Hamptons Estate After Two Months – Mansion Global

Sotheby’s International Realty Expands to Sri Lanka – Inman

House Hunting in… Belize – The New York Times

Mid-Century Luxury Makes a Comeback in Australia – Mansion Global

From Athletes to Artists: The Splendor of Celebrity Living – T Brand Studios

Sotheby’s Will Hold its First Auction in India Later this Year – Bloomberg

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

Luxury Real Estate Headlines: First Week in April 2018

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

Highland, Utah | Summit Sotheby’s International Realty | Offered at $2,950,000

This magnificent Highland estate is all about the active family lifestyle. The property consists of 3.2 acres at the end of a quiet cul-de-sac with gorgeous horse pastures, a huge barn, a tennis court with basketball hoops, the ultimate children’s playground, a lawn ideal for soccer games, a garden, and beautiful mature landscaping. A major renovation and remodel of the home was just completed and the detail and finish work is spectacular. At the center of the home is a stunning kitchen that opens to a great room, semi-formal and formal dining areas, a formal living room, and a remarkable kid’s area. The main-level master suite is the perfect combination of elegance and comfort with vaulted ceilings, an attached nursery/sun room, and direct access to the back patio. There is a total of five bedrooms, plus a study, exercise room, theater room, large basement great room and kitchen and much more. A remarkable blend of luxury and livability make this one of the most incredible properties in the area.

A Pro Golfer’s Pennsylvania Farmhouse – Wall Street Journal

Once Listed for $95M, a 25-Acre Hamptons Estate is Now $59M – Mansion Global

Five Properties for Sustainable Living – Financial Times

Sotheby’s International Realty Brand Expands Presence in Middle Tennessee – Sotheby’s International Realty

6 Beautiful Homes in Minnesota – The Week

A $7.8 Million Jackson Hole Cabin Made with Logs from Yellowstone Fires – Forbes

Sotheby’s International Realty Brand Enters Sri Lanka – Sotheby’s International Realty

6 Beautiful Glass Homes – The Week

Award-Winning Actor Victor Garber Selling New York Compound for $1.649M – Mansion Global

Tyra Banks Flips Pacific Palisades Town Home Back on the Market – Los Angeles Times

Julius Krafft-designed Alamo Square Edwardian Asks $6.3 Million – Curbed

Homes on the Range: Ranches Currently on the Market Across the United States – Robb Report

Buzz Talk with Philip White, President and Chief Executive Officer of Sotheby’s International Realty Affiliates LLC – BuzzBuzzNews

How Technology is Changing the Way You Buy a House – HGTV

When it Comes to Real Estate, Cryptocurrency Raises Plenty of Questions (and Some Promise) – Robb Report

Colorado’s Cherry Hills Village Has Palatial Estates and Rolling Hills – Mansion Global

‘The Art of Divorce’: Russell Crowe to Stage Giant Personal Auction at Sotheby’s Australia – ArtNews

Luxury Real Estate Headlines: Last Week in March 2018

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

Dream Ranch Property in Peoa, Utah | Offered at $1,069,000 | Summit SIR

This beautiful new log home, only twenty minutes from Park City is a comfortable, custom built, open floor plan for entertaining large numbers! Home features include, custom woodwork, wood beams, exposed logs, gourmet kitchen, stainless steel appliances, double oven, granite countertop, large butlers pantry, master on main floor, two stone fireplaces, vaulted ceilings, loft, surround sound, two over sized family rooms. The outdoors are welcomed in on 3,000 ft of covered decks. Every window and deck offer expansive views of elk, eagles, hawk and mountain tops. Situated on just under nine acres of property, perfect for horses, livestock, ATVs, snowmobiles, etc. Property has options for subdividing. Don’t miss out on making this incredible ranch property yours!

This Estate Has $2Million Worth of Trees – Bloomberg

Renowned Ballerina’s Hamptons Home Listed for $37 Million – Wall Street Journal

Family of Christine Beshar, Trailblazing Lawyer, Selling Co-Op – The New York Times

Sotheby’s International Realty Brand Expands Presence in Massachusetts – Sotheby’s International Realty

10 Properties for Sale with Extravagant Gardens – HGTV.com

Hot Property: Five Glass Houses – Financial Times

Property of the Week: A Riverside Idaho Retreat – The Spaces

Seaside House of Late Tire Mogul Sells for $39.4 Million in Palm Beach – Palm Beach Daily News

Van Halen’s Sammy Hagar Sells His Hawaiian Haven for $3.1 Million – Los Angeles Times

Augmented Reality is Coming for the Real Estate Industry – Bloomberg

Panama City’s Casco Viejo is Bustling, Charming, and Becoming More International – Mansion Global

How Much is that Luxury Home? It’s a Secret – Wall Street Journal

The Four Pillars of Foreign Investment – Mansion Global

Sotheby’s is Auctioning Off Some of Fashion’s Most Iconic Photographs – Harper’s BAZAAR

Summit Sotheby’s International Realty Update for April 2018

Our Passion: Million-Dollar Marketing

While our competitors may have graphic designers, we at Summit Sotheby’s International
Realty have built an award-winning, in-house advertising agency. Why? Because your
property deserves the power of an entire creative team working together to position and
market your property to a world-wide audience through photography, videography, print,
social media, email marketing and content creation. We do more than list your property on the MLS – we work tirelessly to market and sell it. Being Utah’s only real estate firm with an in-house advertising agency is just another reason why Summit Sotheby’s International Realty is like no other.

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Luxury Real Estate Headlines: Fourth Week in March 2018

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

Silver Springs, Park City | Summit Sotheby’s International Realty | Offered at $1,600,000

“Enjoy ice skating in the winter and paddle boarding, canoeing and kayaking in the summer! This spectacular location offers a rare opportunity to own on the big lake in Silver Springs, Park City. With beautiful mountain and lake views and lots of natural light, you’ll love the open and flexible floor plan this home offers. The outdoor living spaces include a large, wrap around deck, perfect for entertaining. Contemporary in design, this property offers many options to customize for personal preferences. The extensive landscaping is stunning with mature aspens and spruce trees, perennials and natural grasses. .”

5 Properties That Will Make You Want to Move to Ireland – Robb Report

Hot Property: Five Riverside Homes – Financial Times

Church-to-Home Conversion Combines Wow Factor and Comfort – Curbed

Studio City Home of Late Filmmaker-Philanthropist Jackie Hunsicker Comes to Market – Los Angeles Times

6 Beautiful Homes in Fort Lauderdale, Florida – The Week

Sotheby’s International Realty First Real Estate Brand to Launch Augmented Reality App: Introducing Curate by Sotheby’s International Realty – Sotheby’s International Realty

Pop Artist James Rosenquist’s Enormous Tribeca Townhouse Lists for $15.5M – Curbed

Properties for Sale Around £800,000 – MoneyWeek

Holiday Home of the Week: An Ibizan Villa by Fashion Designer Barbara Boccara – The Spaces

Shelter Island Home from 1770 Lists for $1.15M – Curbed

The Tables Have Turned: Our Two Favorite New AR Apps are Android Exclusives – BGR

5 Upscale – and Up & Coming – Second-Home Getaways – Mansion Global 

House Hunting in… Bermuda – The New York Times

Appetite for Lyon: Why Parisians are Moving to ‘the Belly of France’ – Financial Times

Wine Loving Philanthropists Put Collections on the Block – Barron’s PENTA

Luxury Real Estate Headlines: Third Week in March 2018

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

Summit Sotheby’s International Realty • 1954 Kidd Cir Park City, Utah 84098 • $1,750,000

HGTV Featured Spectacular Remodel with Stunning Views!

Welcome to this incredible HGTV featured home. Beautifully remodeled in 2016, this home’s functional floor plan boasts 3 bedrooms, including master bedroom, on the main floor. Office/bedroom, bonus room/theatre and additional guest room round out the lower level. Gorgeous views of Canyons Ski Resort from the spacious deck. Gaze at the mountain views while soaking in the hot tub. Entertain in the gourmet kitchen. Spacious three car heated garage with custom ski and gear storage. Playhouse with underneath storage shed in the newly landscaped yard. Sun Peak Pool and Community Building a short walk away. Located in the coveted Parley’s Park Elementary School zone. Directly across the street from the neighborhood trailhead. Call for a list of remodel upgrades. You’ll be impressed.

Views from this San Diego Mansion – Coastal Living

Elin Nordegren Lists Home for $49.5 Million –  Wall Street Journal

Sotheby’s International Realty Posts Record $108B in Annual Sales Volume – Inman News

7 Historic Homes in Savannah, Georgia – The Week

New Villa in Barcelona Offers Elegance, Privacy and Stunning Views – Mansion Global

5 Residences with Serious Space for Cars and Outdoor Toys – Robb Report

A ‘Very Unusual’ Nautical House in California – Wall Street Journal

Hot Property: The Best of Suburbia – Financial Times

6 Newly Constructed Homes in the Desert – The Week

Why Holiday Home Buyers Are Warming to the Sweet Taste of Madeira – The Telegraph

A Home for Opera in Milan – Financial Times

House Hunting in… Mexico – The New York Times

Brooklyn Proving Most Popular Area in New York for Chinese Homebuyers – South China Morning Post

How Real Estate Agents Get the Best Homes – Wall Street Journal

New Story Unveils First 3-D Printed Home – Architectural Digest

Auction Preview: Magnificent Jewels and Jadeite at Sotheby’s, Hong Kong, April 3 – Blouin ArtInfo

Luxury Real Estate Headlines: Second Week in March 2018

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

3549 Blue Sage Trail, Park City | Listed by Peter Linsey and Damon Leake

Houston Mansion Lists for $30 Million – Wall Street Journal

Hot Property: Seven Homes for Antique Lovers – Financial Times

4 Homes That Will Make You Fall Head-Over-Heels for France – Robb Report

The Future of Augmented Reality | 2018 Mobile World Congress – Sotheby’s International Realty

Property of the Week: A Gallerist’s Penthouse Loft in Prague – The Spaces

Spanish Colonial Revival in Altadena Keeps Things Rooted in the 1920s – Los Angeles Times

A ‘Star trek’-Theme Theater and More Luxe Home Cinemas – Wall Street Journal

Privacy as Standard: Properties for Sale in Remote Destinations – Boat International

6 Beautiful Homes That Run on Solar Power – The Week

Jayma Mays of ‘Glee’ Puts Her Hip Modern Home in Los Feliz Up for Sale – Los Angeles Times

Austin’s ‘Weird’ Reputation Attracts Millennial Housebuyers – Financial Times

Homes That Sold for Around $750,000 – The New York Times

Zuma Departure Stirs Interest in Johannesburg Homes – Financial Times

Sotheby’s Notches a Robust $151.7 Million Contemporary Sale in London – Artnet 

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