Its easy to understand why Paul and Bunny Mellon chose this site for their storied summer home. Situated on a bluff, overlooking Nantucket Sound, the southwesterly trade winds, gentle but constant, drive the tempo of the sea just beyond a protected barrier island. No doubt the Mellons selected this site for its sweeping views, privacy and seclusion.

 

At the end of the second quarter, the high-end inventory of listings, active and pending, was up by 21% to a record318 listings compared to 263 last year and the previous record of 271 listings in 2016.

 

HIGH-END $2,000,000+ MARKET HIGHLIGHTS

• Inventory up 12% (Record 514 vs record 458 last year).
• Sales up 23% (Record 423 vs record 345 last year).
• Top Sale: $10,500,000, 10 Appleton Street, Cambridge.
• Buyers and sellers continue to increase their activity resulting in record inventories and sales.
• As usual, special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]

 

Perched on the northern edge of Gloucester, Massachusetts, Annisquam feels like a village where time slows down. With its clapboard homes, winding lanes, and views that stretch from quiet coves to the open sea, it offers a glimpse of coastal New England as it was, and, in places like this, still is. Far from the well-trodden tourist paths [...]

 

High-End $2,000,000+ Market Highlights

• Inventory up 21% (230 vs 182 last year).
• Sales volume up 57% (47 vs 30 last year).
• Top sale: $7,900,000, Little Bars Neck Road, West Falmouth.
• Tariffs and supply chain dislocations will increase the cost of new construction and renovations.
• Sea level rise, storm impacts, and costly insurance are concerns for coastal
• [...]

 

HIGH-END $2,000,000+ MARKET HIGHLIGHTS

• Inventory up 33% (Record 428 vs record 323 last year).
• Sales up 8% (Record 117 vs record 108 last year).
• Top Sale: $10,500,000, 10 Appleton Street, Cambridge.
• Buyers and sellers continue to increase their activity resulting in record inventories and sales.
• As usual special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]

The New England Luxury Real Estate Report is an annual review of select high-end markets in Maine, Massachusetts, New Hampshire, Vermont, and the Adirondacks. Commentary and insights are provided by Luxury Real Estate Brokers at LandVest.

Market Highlights

HIGH-END $2,000,000+ MARKET HIGHLIGHTS

• Inventory up 16% (Record 206 vs record 178 last year).
• Sales up 27% (Record 751 vs 592 last year).
• Top Sale: $10,750,000, 80 Orchard Ave, Weston.
• Buyers and sellers continue to increase their activity resulting in record inventories and sales.
• As usual special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]

 

High-End $2,000,000+ Market Highlights

• Inventory up 29% (171 vs 133 last year). 
• Sales volume up 30% (Record 264 vs 203 last year). 
• Top sale: $22,750,000, 835 Sea View Avenue, Osterville. 
• Strong demand focused at the $2-4mm range. 
• Sea level rise and storm impacts are increasing concerns for coastal properties. 
• As usual special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
• [...]