Tag Archives: real estate headlines

Luxury Real Estate Headlines: Second Week in August 2017

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

$3,650,000 USD | Salt Lake City, Utah | Summit Sotheby’s International Realty

“Stunning remodel of a classic estate nestled in the privacy of the guard gated North Cove community. Five minutes from the city yet above the hustle, bustle and smog, the home is situated on 2.10 acres of privacy boasting glorious views!! Current owner has spared no expense with new flooring, new Lutron lighting system, custom ceiling fan, new kitchen and baths. A grand entry featuring a barrel ceiling and custom leaded glass feature adds great drama. Formal living and dining areas lead to an incredible kitchen/great room large enough to host the entire basketball team, yet comfortable and homey. The U shaped architectural design takes full advantage of floor to ceiling windows, private court yard with fountain and pond, covered decks and easy access to the pool. Move right in!!!

This Nantucket Gem is Not Your Ordinary Beach Cottage – Robb Report

A Luxurious and Private Estate Overlooking the Tranquil Napa Valley – Mansion Global

A Feast for the Eyes: Great Homes for Foodies – Financial Times

Inside the 39-Acre Estate for Sale in Connecticut – Forbes

A Shingle-Style Beach ‘Cottage’ in the Hamptons – The New York Times

‘Baywatch’ Co-Creator Lists Malibu Home – Wall Street Journal

Super-Sized Rowhouse Maisonettes in Boston’s Back Bay – Mansion Global

20 of the Largest Homes for Sale in America – Architectural Digest

For Sale: 17 Homes Seeking $100 Million or More – Forbes

Conchas Chinas: A Beach Lover’s Paradise with Rising Property Value – Mansion Global

Sotheby’s to Auction Fux Restaurant’s Wine Cellar in HK – The Drinks Business

Luxury Real Estate Headlines: Second Week in April 2017

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

$3,250,000 USD | Ski-in/Ski-Out at Deer Valley Resort | Represented by Kristina Watkins

“Unit 14 is the apex condo at Stag Lodge, strategically placed at the very corner of the development to catch the curve of Last Chance run, making your ski-in and ski-out access flat, easy, and direct from the actual ski run to your private patio. “

The Tallest Single-Family Home in the U.S. is for Sale – Architectural Digest

House Hunting in… Cape Town – The New York Times

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

Coastal Blairgowrie Home is an Entertainer’s Dream – News.com.au

Nutley, N.J.: A Place to Land and to Stick Around In – The New York Times

Sotheby’s International Realty Makes a Push into Asia, Starting with Singapore – CNBC

‘Nip/Tuck’ Star Julian McMahon Cuts Loose from Colorful Malibu Home – Los Angeles Times

Lovely Colonial in Berkley Returns to Market for $2.2M – Curbed

Homes That Sold for Around $1.5 Million – The New York Times

Broadway Hitmaker’s Former Townhouse Selling for $19.5 Million – Mansion Global

The Coolest Eco-Friendly Homes on the Market Right Now – Elle Decor

From Chateaux to Sea Cliffs: The Romance of Castle Living – T Brand Studio

Material World: Sotheby’s Announces Autumn Design Auction – Wallpaper*

Most Valuable Earrings to Appear at Auction Could Fetch $68 Million – Forbes

Luxury Real Estate Headlines: December 30th

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

$26,700,000 USD | Whitefish, Montana | Glacier Sotheby’s International Realty

Bill Foley, the longtime deal maker and an investor in the NHL’s newest franchise, has listed his 21-acre Montana ranch for $26.7 million, said listing agent Ross Pickert with Glacier Sotheby’s International Realty.

NHL Investor Bill Foley Lists Montana Ranch for $26.7 Million – The Wall Street Journal

Here Is the Outlook for Luxury Real Estate in 2017 – The Street

Julia Roberts’ Secluded Ranch is Back on the Market – Mansion Global

A Glimpse at the Priciest Home Sales of 2016 – Mansion Global

Live in Ultra-Modern Luxury With This Emirates Hills Villa in Dubai – Real Clear Life

These 5 Trends Will Shape the Housing Market in 2017 – Fortune

What Incoming US Presidency May Mean for Luxury Real Estate – The Street

Simon Tollit – what to expect in 2017 – Property Investor Today

The year of the smart home – CNBC

3 New Year’s Resolutions for Buyers in 2017 – National Association of Realtors

Spain set for a more robust property market in 2017 as prices rise – PropertyWire

Sotheby’s Takes the Mystery Out of How it Prices Art – Luxury Daily

Pie it Forward | Happy Thanksgiving!

Thanksgiving is a time for sharing, reflecting, thanking, and of course, giving. We at Summit Sotheby’s International Realty are much more than a real estate company, we’re about family and commitment to our community.

Pie it Forward was an opportunity for the agents of Summit Sotheby’s International Realty to say thank you and to help those in need in the process. Clients from all over the state came by Cowboy Grub to receive a warm Thanksgiving pie to share with their families. Our gracious clients arrived with thousands of pounds of food in tow, helping us give back to the communities that are so vital to what we do.

From all of us a Summit Sotheby’s International Realty, we wish all of you a wonderful Thanksgiving!

Quarterly Best Luncheon at Top Golf

We truly have the best agents in the world (yes, the world!) and each quarter we take a few hours out of our crazy schedules to celebrate their accomplishments. It is because of their dedication and hard work that Summit Sotheby’s International Realty continues to grow, dominates the market, and breaks records year after year.

To celebrate all that our agents do, we headed over to Top Golf for a fantastic lunch and to see who had the offices’ best golf swings. Here are a few photos from the afternoon.

Collections Magazine Winter 2017 Coming Soon!

The leaves are falling, the weather is changing and that means one thing to the creative team at Summit Sotheby’s International Realty: Collections Magazine!

This issue is sure to be better than ever, with listings spanning the state, stunning photography on every page, and unique print techniques few have ever seen! For Winter 2017, the team is shaking things up and really pushing the boundaries of how luxury real estate is marketed across the globe.

Stay tuned for launch information, the digital version, and where you can find one of our 115,000 copies of Collections Magazine!

Luxury Real Estate Headlines: Third Week in September 2016

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

$1,999,000 USD | Gunlock, Utah | Summit Sotheby’s International Realty

“If we could choose one word to encompass this luxurious residence, it would be: Serenity. Tucked into a lush lava rock canyon, this peaceful 4-story cabin retreat is perfect for entertaining extensive family and friends. Relax outdoors surrounded by 10 acres of mature landscaping, while listening to the sweet sound of the Santa Clara River. ”

In Washington, D.C., a Townhouse Transforms into a Futuristic Playground – Mansion Global

NFL Coach Tom Landry’s Lake House Goes on the Market – Wall Street Journal

For Sale: Five Unusual Home Conversions – Financial Times

When Selling a New Penthouse, Timing is Money – Mansion Global

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

Among the Bright Lights of Times Square – The New York Times

This $3.4 Million Florida Home Has a Musical Pedigree – Architectural Digest

How Food Festivals Sell Homes – Wall Street Journal

Chinese Buyers are Snapping Up Luxury Condos in Boston – Mansion Global

10 Dream Penthouses that take City Dwelling to a Whole New Level – Elle Decor

In Tenafly, N.J., Good Schools and Green Spaces – Wall Street Journal

Woolworth Building Unveils New Look at its Luxe Condos – Curbed

Paris’s Golden Triangle is Perfect for the French (or Foreign) Fashionista – Mansion Global

Why Eastern Germany is the Place to Buy a Medieval Castle – Financial Times

Tuxedo, N.Y. is Getting Dressed Up – Wall Street Journal

Rare Chinese Teapot from Qianlong Dynasty Sells for £2.6 Million – Daily Mail

Luxury Real Estate Headlines: Second Week in September 2016

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

$1,599,000 USD | Dammeron Valley, Utah | Summit Sotheby’s International Realty

“The comfortable well thought out floor plan provides numerous places to relax and enjoy the beautiful views. Designed and built with quality, style and ease of living in mind. Separate guest house with bath and kitchen. 4 stall horse barn with tack room, wash area and hay storage. 16 car garage supplies all the space for your toys and more. Move in today and start enjoying the many amenities this home and community offer.”

Home of the Day: Playing the Angles in Laurel Canyon – Los Angeles Times

Actor Harvey Korman’s Los Angeles Home Seeks $19.999 Million – Wall Street Journal

Golfer Jeff Sluman’s $4.4 Million Illinois Home is on the Market – Architectural Digest

Five Homes for Sale with Formal Gardens – Financial Times

In Dubai, Four Palatial Villas with Pools Plated in Gold – Mansion Global

For Sale: 7 Lovely Homes on the Connecticut Coast – The Week

A Long Island Estate Restored to 19th-Century Grandeur – Wall Street Journal

‘Glee’ Producer Joe Keenan Sells Studio City Compound – Variety

Jimmy Carter Once Visited this $3.85 Million Civil War-Era Home – Architectural Digest

Neighborhood Notes: Motor City, Dubai – Mansion Global

Las Vegas: Where Homes are Being Offered with Lamborghinis – Financial Times

British Demand for Spanish Housing Takes a Hit from Brexit – Wall Street Journal

Sotheby’s International Realty Lands ‘Alliance’ with Juwai.com to Promote Listings to Chinese Homebuyers – Inman News

The Coolest Eco-Friendly Homes on the Market Right Now – Elle Decor

Two Patek Philippe Watches Lead Sotheby’s Hong Kong Auction – Forbes

Best Cars on Sale at RM Sotheby’s Annual London Auction – The Week UK

Luxury Real Estate Headlines: Third Week in August 2016

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

$649,000 USD | Salt Lake City, Utah | Summit Sotheby’s International Realty

“This two-story Craftsman-style bungalow is a beautifully renovated historic gem. Perfectly situated on a shaded, tree-lined street, it is located just steps away from the University of Utah and Trax station, and is close to downtown, the charming 9th and 9th district, and all the recreational opportunities of the nearby mountains.”

Pro Golfer Jeff Sluman Asks $4.35 Million for Chicago-Area Home – Mansion Global

NFL Kicker Matt Bryant Lists ‘Kicking Back’ Alabama Beach Retreat for $3.35 Million – Wall Street Journal

A Secluded Villa in Ibiza Close to All the Island’s Action – Mansion Global

Disney Junior Exec. Joe D’Ambrosia Sells His L.A. Home for $1.225 Million – Los Angeles Times

Inside a Former Home of Millicent Rogers in Taos, N.M. – Wall Street Journal

In Rural Montana, a High-End Home for Outdoor Enthusiasts – Mansion Global

A Manhattan ‘Jewel Box’ Asks $3.275 Million – Wall Street Journal

In California, an Eco-Luxe Home Where Organic Vegetables Grow – Mansion Global

New Towers, Higher Prices Lift Chicago’s Real Estate Market – Forbes

The Ripe Time to Buy a Vineyard in Bordeaux – Financial Times

Hard-Core House Collectors – Wall Street Journal

10 Ultimate Waterfront Homes We’re Coveting Now – Elle Decor

Sotheby’s NY to Auction Roy and Marilyn Papp Collection of Traditional Chinese Paintings – Blouin ArtInfo

The Amazing Cars for Auction at RM Sotheby’s Monterey – The Week

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August 2016 Park City Real Estate Market Update

August 2016 Park City Real Estate Market Update

Summit Sotheby’s International Realty has released information about real estate markets in the Greater Park City area for July 2016. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Greater Park City Area – Single Family Homes: Active inventory was down 6% from 2015 with 867 units on the market and up 5% from the previous month. The median listing price was just over $1,160,000. The average days on market was down 32% from 153 days in 2015 to 104 days in 2016. The median sales price was just under $640,000. The averages for units sold in the month of July show a decrease of 1% for units sold during July year over year and a 28% decrease month over month with a total of 91 units sold.

Greater Park City Area – Condominiums: Active inventory was down 12% from 2015 with 439 units on the market and down 7% from the previous month. The median listing price was just under $800,000. The average days on market was down 4% from 69 days in 2015 to 66 days in 2016. The median sales price was $490,000. The averages for the month of July show an increase of 7% for units sold year over year and up 19% over the previous month with a total of 74 units sold.

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