In the highly competitive upscale real estate market in New York, Concierge Auctions continues to outperform, delivering exceptional selling prices for owners and fewer days on market than average.
For Concierge Auctions, New York continues to deliver exceptional properties to eager buyers looking for unique, prestigious properties in some of the most sought-after areas. Whether it’s New York City or the Hamptons, properties listed on Concierge Auctions’ proprietary online selling platform draw more views, inquiries, and serious offers for New York properties in hot and cold markets alike.
Recent Concierge Auctions listings in New York include 38 sales in the state in 2021 alone.
Index Shows Sharp Contrast in Markets
In real estate, it’s often about location, location, location, and Concierge Auctions New York locations illustrate both ends of the spectrum.
In its release of the fifth annual U.S. Luxury Homes Index, Concierge Auctions analyzes the 10 highest property sales in 56 U.S. high-end markets. The analysis showed that the Hamptons had the second-highest days on market of all markets, averaging 887 days, or nearly two and a half years. The top 10 properties sold in the Hamptons each took longer than 180 days to sell. The top sales showed an average sale price of just 63 percent of the original listing price, the lowest percentage in the past three years.
By contrast, New York City is the hottest market in the index report, with the highest average sale price, 433 percent higher than all other markets analyzed. The average sale price of $65.56 million is on par with the $65.37 million average for 2019 sales.
Here is a closer look at a few of Concierge Auctions’ recent New York sales:
- The Chequit Inn – a boutique hotel covering three buildings and 36 guestrooms, meeting and event spaces, an expansive lobby, and a restaurant. Previously offered for $9 million, the property sold in March 2020 after 33 days on Concierge Auctions. The listing generated more than 21,000 website and pageviews from 64 countries, more than 9,000 prospects, and 15 showings
- The Kleeberg Residence – a historic estate on Manhattan’s Upper West Side, sold for $15.8 million in December 2016. With nearly 11,000 square feet, eight bedrooms, and 9.5 bathrooms, the 19th century home features soaring ceilings, intricate woodwork, nine gas fireplaces with riverfront views at the tip of Riverside Park
- 79 N Captains Neck Lane – a private paradise a short jaunt from the village center in Southampton, sold for $3.75 million in November 2015. The 6,000-square-foot home sits in a pastoral setting and features five bedrooms and lush greenery from an abutting reserve
- Bluestone Acres – a 170-acre pristine Catskills estate, the main residence has a private carriage house and pool house, caretaker’s home, horse paddocks, and almost a mile of Neversink River frontage. The property sold for $1.57 million in November 2014
Premier Luxury Real Estate Auction Firm
Concierge Auctions is the world’s leading provider of online luxury real estate auctions. Its online platform connects qualified buyers with sellers of some of the world’s most sought-after properties. For more information, visit conciergeauctions.com.