Q4 2021 National Luxury Market Data & Trends Report

Q4 2021 Market Data

California

SOUTHERN CALIFORNIA

Market and Trends

A Record-Breaking Year For Southern California Luxury Real Estate Sets The Stage For 2022 - Forbes

Prestigious Properties on the Market

Most Expensive Home in U.S, $295M Bel-Air Mega-Mansion, "The One," May Be Up for Auction in 3 Weeks - Inman

Notable Sales

$177M Malibu Compound

-Largest California Sale Ever - WSJ

-Second-Highest US Sale in 2021 - WSJ

Crypto Billionaire Closes 2021 with Purchase of LA Estate for $133M - Inman. It was the largest L.A purchase in 2021 and the fifth largest US sale in 2021 -WSJ.

NORTHERN CALIFORNIA

Market and Trends

January 2022 San Francisco Market Trends -Compass Bay Area Market Reports

Prestigious Properties on the Market

Compass Luxury Division San Francisco

Notable Sales

Lake Tahoe Waterfront Home Sells for $47.5 Million, Setting 2021 Record - Mansion Global

Colorado

Market and Trends

Record-Shattering Housing Market Showed No Seasonal Differentiation in 2021: Astounding Highs and Lows Likely to Continue Well into 2022 - Colorado Association of Realtors

Prestigious Properties on the Market

Compass Luxury Division Colorado Listings

7 Extraordinary Apres-Ski Style Homes - Luxury Division

Connecticut

GREENWICH

Q4 2021 Market Trends:

2021 Ends with Record-Breaking Sales and a Low Inventory/High Demand Market

Greenwich saw an increase of eighteen percent in homes sold year-over-year.

A testament to high buyer demand,

Cos Cob witnessed overall sales grow twenty-one percent year-over-year. Old Greenwich also posted an overall sales increase- nineteen percent over the prior year.

This trend could also be seen South of the Parkway, South of Post Road, and in Riverside. Simply put, Greenwich is high on many people's lists for their next home purchase.

Greenwich is still very much the talk of the town with the incredible lifestyle it offers residents.

The continued strength is tangible and easily demonstrated through strong year-end numbers.

For more details about pricing trends, click on the Sarsen Team's January 202 Greenwich Market Data and the Compass Q4 2021 Greenwich Market Report below.

CT GOLD COAST

Year over year, the overall Greater Connecticut market is up sixteen percent in total sales volume.

Connecticut, with its pristine coastline on the East and rolling hills to the West is heavily sought after as a destination to call home. Compass Connecticut celebrated 2021 with the opening of additional offices with new locations in Darien and Fairfield. We are looking forward to our new locations for 2022 in Ridgefield and Stamford.

CT's Exclusive Properties

Florida

SOUTH FLORIDA

Market and Trends

South Florida's Largest Residential 2021 Sales - Real Deal

Prestigious Properties on the Market

Compass Luxury Division South Florida Listings

The Needle: Compass Florida Luxury Real Estate: This volume features Compass Sports and Entertainment.

Notable Sales

Four of the 2021's 10 Highest Priced US Sales were in Palm Beach County, Two on South Ocean Boulevard:

$122.7M Waterfront Palm Beach Mansion

$109.625M Ocean-to-Lake Palm Beach Estate

$95M Palm Beach Estate on South Ocean Blvd

$94.2M Manalapan, FL estate of 16 acres, spanning the "width of a barrier island"- Mansion Global

$75M Star Island Mansion Sets Record for Highest Priced Miami Beach Sale - WSJ

SOUTHWEST FLORIDA

Prestigious Properties on the Market

Compass Southwest Florida Listings

Sarasota’s Most Expensive Home Is a Beachside Mansion With Gulf and Bay Access - WSJ

CENTRAL FLORIDA

Prestigious Properties on the Market

Compass Luxury Division Central Florida Listings

New York

NEW YORK CITY

Market Trends

Manhattan Housing Market Makes Record Rebound to Close Out 2021 - 6sqft

"According to Compass' Q4 Market Report, condo and co-op sales volume hit $7 billion in the last quarter of the year, the highest of any fourth quarter on record. 'New York is a desirable destination at all price points. High vaccination rates in the area, low mortgage rates, and an easing of travel restrictions for foreign nationals aided in making it a record quarter,' Elizabeth Ann Stribling-Kivlan, the senior managing director at Compass, said."

Compass Manhattan Q4 2021 Market Report

Prestigious Homes On the Market

Compass Luxury Division New York City Listings

Notable Sales

Billionaire's Row

January 2022

Manhattan penthouse at 220 Central Park South sells for $190M - Inman

2021

Third Highest Price 2021 US Sale was $157.5M purchase of 2 220 Central Park South Units - Mansion Global

HAMPTONS

Market Trends

Hamptons Q4 2021 Real Estate Report- Behind the Hedges

Hamptons Real Estate Market Forecast for 2022 - Behind the Hedges

Prestigious Homes on the Market

Compass Luxury Division Hamptons Listings

Notable Sales

$105M 42-Acre Compound Was the Eighth Highest U.S. Sale in 2021 - WSJ

WESTCHESTER

Market Trends

Compass Q4 2021 Westchester Market Report

Prestigious Homes on the Market

Compass Luxury Division Westchester and Mid-Hudson Valley Listings

Texas

CENTRAL

Austin and San Antonio

Market Trends

San Antonio Ranked 4th Hottest Housing Market by Zillow, Beating Austin - SA Current

Prestigious Properties on the Market

Compass Luxury Division Austin and San Antonio Listings

SOUTHEAST

Houston

Market Trends

Houston Housing Plows Through the Second Year of a Pandemic to Achieve New Sales Records - Houston Association of Realtors

Prestigious Properties on the Market

Compass Luxury Division Houston Listings

Notable Sales

The 10 Most Expensive Homes Sold in Houston’s Record $40 Billion Real Estate Year - PaperCityMag

NORTH

Dallas

Prestigious Properties on the Market

Compass Luxury Divison Dallas-Fort Worth Listings

Luxury Listings in Your Area

Click on the picture above to see Compass' luxury listings near you.

Compass Sports & Entertainment Network: Elite Estates of Athletes and Entertainers

Click above to view celebrity properties listed by Compass. As members of the Compass Sports and Entertainment network, we can connect you with partners across the country who are specialists in various luxury markets.

Global Collective Premiere Worldwide Listings

The new Global Collective website showcases a selection of the world's most spectacular properties from Luxury Presence, our elite agent referral network. Click on the photo above to explore the world's finest homes.

Are you anticipating a cross-country or international move? Let us connect you with a world-class agent.