The luxury home market in Greater Boston is thriving. World-renowned resources continue to attract high net-worth individuals hailing from tech-driven fields, and the pandemic-fueled remote-work lifestyle has brought a shift in lifestyle needs.
Steve McKenna & The Home Advantage Team of Gibson Sotheby’s International Realty has been a preeminent leader in the real estate industry providing “white glove” service to all our clients. Our global connections from the Sotheby’s network unite discerning buyers and sellers from every corner of the world, state, and neighborhood.
Did you know that 172 homes in Arlington sold for over $1M, and 60 homes in Medford sold for over $1M in 2022? The idea of a luxury lifestyle is no longer a far-fetched idea, it is a tangible reality that is accessible to many in an area that is bolstered by world-renowned healthcare institutions, prominent schools and universities, and leading tech and biotech organizations. We’re here to make sure you never underestimate your worth. Review our Local Luxury Market Report 2022 for the Greater Boston area and you might be surprised at the numbers.
The Sotheby’s name has a rich history in excellence and has long been synonymous with luxury. Take a moment to be inspired by the offerings and insights of Sotheby’s elite resources.
The Sotheby’s International Realty® 2023 Luxury Outlook report outlines industry trends and happenings across high-end residential markets around the world. In 2022, mortgage rates soared after two years of historic lows, fueling a ‘lock-in’ effect that strained an already tight market as homeowners continue to spend more time at home. In this report, we highlight the trends that you can expect in the year ahead, from projected global wealth into the real estate market to luxury real estate in the metaverse.
Landscape painters are telling stories that reach far beyond stars, sky, and sea; backyard barns are playing host to elaborate get-togethers; and custom cocktail bars are serving drinks in style at home.
Here are the latest trends in art, architecture, and design.
Just as they can build interest and competition for expensive artwork, wine, and cars in a finite time period, so too can auctions for real estate. Jointly owned by Anywhere Real Estate and Sotheby’s auction house, Sotheby’s Concierge Auctions is the global leader in luxury real estate auctions. An additional tool for selling high-end listings, this partnership has the potential to accelerate the timing of sale to as little as 60 days.
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