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Ultra-luxury was only a piece of the 2023 luxury market, which Reports on Housing Chief Economist Steven Thomas called 'the third strongest ever.'
Reports on Housing puts the number of homes for sale at $10 million-plus at 528 with a market time of 50 months, or a month shy of five years.
The property has been passed down through three generations of the same family since 1951 — not unheard of in this island enclave of 29 homes
Leslie Shattuck and her siblings, inherited the colonial-style home on the private island’s south side after their mother’s death in May
A turbulent 2022 is blending into an uncertain 2023 for Orange County’s luxury market. Many buyers and sellers are sitting on the sidelines to gain some clarity after a slow pace of sales last year.