COMPASS LUXURY
Introducing the Compass Luxury Division’s 2021 Ultra-Luxury Report, a year-end market snapshot of $10 million-plus sales nationwide, as well as insights, trends, and lifestyles aligned from coast to coast.
The Compass Luxury Division proudly presents its first Ultra-Luxury Report. More than thirty markets were analyzed, exploring residential home sales priced at $10 million and above in 2021. The comprehensive data highlights unprecedented growth in the ultra-luxury category. From Malibu to Montauk, sales of lavish abodes reached extraordinary highs, showcasing strong consumer confidence in the long-term potential for appreciation and a renewed affinity for distinguished living at home. From coast to coast, the majority of markets covered experienced significant gains in activity at the ultra-luxury price segment, such as Austin, whose total number of sales jumped 450 percent from 2020 to 2021. Likewise, the year-over-year sales volume of $10 million-plus homes rose in many markets, such as Long Island, which saw an increase of 853.99 percent. Compass luxury agents largely credit lofty wealth creation among high-net-worth individuals for this unparalleled success. In closing, today more than before, people are coming together, having a renewed regard for friends and family and for dwellings that double as sanctuaries. The past year demonstrated that a place to call home is more important than ever.
You can find Austin Luxury Group on page 60-61 talking about the Ultra-Luxury Real Estate Market for 2022.
Austin Luxury Group is proud to have represented the highest COMPASS regional sale in 2021: 6800 Comanche Trail
COMPASS- Luxury unlike any other brokerage.
WE REPRESENT THE
NATION’S MOST REMARKABLE
PROPERTIES AND OFFER
AN ELEVATED APPROACH,
CURATED TO MEET THE
HIGHEST LUXURY STANDARD
Published on 2022-01-27 11:10:32
