Houlihan Lawrence Q2-2023 Luxury Report

Page 1

Market Report

Q2-2023

LUXURY NY & CT

EXECUTIVE SUMMARY

The luxury market north of NYC posted anticipated losses in the first half of 2023. Low levels of inventory are largely responsible for sale declines in Westchester (closed sales $2M and higher), Putnam and Dutchess counties (closed sales $1M and higher); Greenwich (closed sales $3M and higher); Darien and New Canaan (closed sales $2M and higher). Another contributing factor is interest rates. A significant majority of homeowners with mortgages are currently paying below the average rate of 6.7%, the highest observed in 20 years. This “golden handcuff’ effect is keeping would-be sellers off the market.

Despite limited supply and higher interest rates, the data indicates a resilient luxury market with healthy buyer demand.

However, buyers’ sense of urgency has noticeably changed. During the height of Covid, buyer urgency was at an all-time high. The purchase of a new home in a lower density area or on a larger parcel was a visceral reaction to Covid and a means to keep one’s family safe.

As the pandemic moved into the past tense, buyer motivation shifted. Discipline replaced urgency, even as inventory remains low. In fact, low supply gives buyers a reason to wait until the right house becomes available, be it in a month or in a year. This mindset, while practical, squelches urgency and a willingness to compromise.

To those who notice the aberration in Darien’s total dollar volume in the second quarter –up by 125% while the number of homes sold is largely unchanged – this spike represents the $85M sale of Great Island, a 60-acre island, purchased by the Town of Darien in May, part of a decades-long civic development plan. This is not a typical "luxury residential' sale, albeit a wonderful community amenity for Darien residents.

In closing, the first half of 2023 brought no surprises. The pace of sales is now reflective of a market that is stable. Interest rates are expected to fall in 2023. This should help to correct supply issues that have upset our markets thus far in 2023.

Sincerely,

Q2-2023
HOULIHAN LAWRENCE PRIVATE BROKERAGE | P. 914.234.0308 | PRIVATE-BROKERAGE@HOULIHANLAWRENCE.COM
MARKET REPORT

LUXURY MARKET REPORT

GREENWICH, CT LUXURY HOME SALES | $3 M AND HIGHER

nd
WESTCHESTER COUNTY LUXURY HOME SALES | $2 M AND HIGHER Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE HOMES SOLD 129 230 -43.9% 205 330 -37.9% TOTAL DOLLAR VOLUME $396,072,888 $714,174,254 -44.5% $651,147,992 $1,037,708,101 -37.3% MEDIAN SALE PRICE $2,710,000 $2,676,000 1.3% $2,725,000 $2,700,000 0.9% AVERAGE PRICE PER SQUARE FOOT $620 $614 1.0% $615 $602 2.2% AVERAGE DAYS ON MARKET 53 39 35.9% 67 53 26.4% % SALE PRICE TO LIST PRICE 99.9% 103.7% -3.7% 98.3% 102.0% -3.6% PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES | $1 M AND HIGHER Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE UNITS SOLD 23 47 -51.1% 38 89 -57.3% TOTAL DOLLAR VOLUME $33,145,754 $85,759,800 -61.4% $55,410,754 $160,232,300 -65.4% MEDIAN SALE PRICE $1,350,000 $1,500,000 -10.0% $1,350,000 $1,400,000 -3.6% AVERAGE PRICE PER SQUARE FOOT $449 $468 -4.1% $441 $436 1.1% AVERAGE DAYS ON MARKET 203 165 23.0% 177 173 2.3% % SALE PRICE TO LIST PRICE 101.4% 96.3% 5.3% 97.7% 96.6% 1.1%
2
QUARTER 2023
Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE HOMES SOLD 69 79 -12.7% 106 139 -23.7% TOTAL DOLLAR VOLUME $355,925,500 $410,160,452 -13.2% $547,988,250 $708,122,827 -22.6% MEDIAN SALE PRICE $4,500,000 $4,550,000 -1.1% $4,606,000 $4,500,000 2.4% AVERAGE PRICE PER SQUARE FOOT $770 $799 -3.6% $771 $784 -1.7% AVERAGE DAYS ON MARKET 128 77 66.2% 126 104 21.2% % SALE PRICE TO LIST PRICE 97.7% 99.0% -1.3% 97.3% 98.1% -0.8%
Source: Onekey MLS, Mid-Hudson MLS and Greenwich MLS.

LUXURY MARKET REPORT

2nd
LUXURY HOME SALES | $2 M AND HIGHER Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE HOMES SOLD 35 31 12.9% 49 50 -2.0% TOTAL DOLLAR VOLUME $179,461,000 $97,120,301 84.8% $218,316,565 $163,648,997 33.4% MEDIAN SALE PRICE $2,575,000 $2,810,000 -8.4% $2,575,000 $2,975,000 -13.4% AVERAGE PRICE PER SQUARE FOOT $765 $621 23.2% $713 $612 16.5% AVERAGE DAYS ON MARKET 35 27 29.6% 33 50 -34.0% % SALE PRICE TO LIST PRICE 93.7% 104.8% -10.6% 94.8% 101.5% -6.6% ROWAYTON LUXURY HOME SALES | $2 M AND HIGHER Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE HOMES SOLD 8 7 14.3% 11 8 37.5% TOTAL DOLLAR VOLUME $26,160,000 $16,925,000 54.6% $34,075,019 $20,725,000 64.4% MEDIAN SALE PRICE $2,400,000 $2,300,000 4.3% $2,500,000 $2,400,000 4.2% AVERAGE PRICE PER SQUARE FOOT $838 $725 15.6% $833 $731 14.0% AVERAGE DAYS ON MARKET 18 10 80.0% 19 13 46.2% % SALE PRICE TO LIST PRICE 101.2% 107.7% -6.0% 101.0% 105.4% -4.2% NEW CANAAN LUXURY HOME SALES | $2 M AND HIGHER Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE HOMES SOLD 37 38 -2.6% 49 58 -15.5% TOTAL DOLLAR VOLUME $99,662,000 $109,963,147 -9.4% $138,526,000 $169,013,147 -18.0% MEDIAN SALE PRICE $2,460,000 $2,660,000 -7.5% $2,500,000 $2,660,000 -6.0% AVERAGE PRICE PER SQUARE FOOT $510 $472 8.1% $501 $463 8.2% AVERAGE DAYS ON MARKET 41 60 -31.7% 52 67 -22.4% % SALE PRICE TO LIST PRICE 101.3% 105.3% -3.8% 100.2% 102.9% -2.6% Source: Smart MLS.
QUARTER 2023 DARIEN

LUXURY MARKET REPORT

WESTCHESTER COUNTY LUXURY HOME SALES

PUTNAM

2nd QUARTER 2023
Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE $2,000,000 - $2,999,999 83 152 -45% 132 210 -37% $3,000,000 - $4,999,999 36 68 -47% 55 100 -45% $5,000,000 - $9,999,999 10 8 25% 15 18 -16% $10,000,000 and up 0 2 -100 3 2 50%
Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE $1,000,000 - $1,999,999 21 36 -41% 34 69 -50% $2,000,000 and up 2 11 -81% 4 20 -80%
Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE $3,000,000 - $3,999,999 25 23 8% 36 46 -21% $4,000,000 - $4,999,999 22 27 -18% 32 46 -30% $5,000,000 - $9,999,999 18 25 -28% 33 41 -19% $10,000,000 and up 4 4 0% 5 6 -16%
AND DUTCHESS COUNTY LUXURY HOME SALES
GREENWICH, CT LUXURY HOME SALES
Source: Onekey MLS, Mid-Hudson MLS and Greenwich MLS
2nd QUARTER 2023
LUXURY HOME SALES Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE $2,000,000 - $2,999,999 24 18 33% 34 25 36% $3,000,000 - $4,999,999 10 10 0% 14 20 -30% $5,000,000 - $9,999,999 0 3 -100% 0 5 -100% $10,000,000 and up 1 0 Not Valid 1 0 Not Valid
HOME SALES Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE $2,000,000 - $2,999,999 6 6 0% 9 6 50% $3,000,000 - $4,999,999 1 1 0% 1 2 -50% $5,000,000 - $9,999,999 1 0 Not Valid 1 0 Not Valid $10,000,000 and up 0 0 Not Valid 0 0 Not Valid NEW CANAAN LUXURY HOME SALES Q2 2023 Q2 2022 % CHANGE YTD 2023 YTD 2022 % CHANGE $2,000,000 - $2,999,999 27 28 -3% 34 42 -19% $3,000,000 - $4,999,999 10 8 25% 13 14 -7% $5,000,000 - $9,999,999 0 2 -100% 2 2 0% $10,000,000 and up 0 0 Not Valid 0 0 Not Valid
Smart MLS.
LUXURY MARKET REPORT
DARIEN
ROWAYTON LUXURY
Source:

LUXURY MARKET REPORT

TOP NEW YORK LUXURY MARKETS

WESTCHESTER

PUTNAM

2nd QUARTER
2023
COUNTY LUXURY HOME SALES | $2M AND HIGHER SCHOOL DISTRICT # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE SCARSDALE 24 $2,787,500 $7,400,000 MAMARONECK 20 $2,900,000 $4,100,000 HARRISON 16 $2,837,500 $5,600,000 BRONXVILLE 16 $3,012,500 $6,600,000 RYE CITY 16 $2,692,000 $4,200,000 BEDFORD 8 $3,790,000 $4,850,000 BYRAM HILLS 6 $2,367,500 $2,900,000 CHAPPAQUA 4 $2,322,500 $2,400,000 KATONAH LEWISBORO 3 $3,425,000 $6,500,000 PELHAM 3 $2,225,000 $2,725,000 TUCKAHOE 2 $2,112,500 $2,225,000 IRVINGTON 1 $2,775,000 $2,775,000 NEW ROCHELLE 1 $2,575,000 $2,575,000 NORTH SALEM 1 $2,495,000 $2,495,000
COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE GARRISON 3 $1,625,000 $2,333,000 BREWSTER 2 $1,416,627 $1,800,000 HALDANE 1 $1,205,000 $1,205,000 DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER TOWN/CITY # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE RHINEBECK 3 $1,275,000 $1,500,000 CLINTON 2 $1,450,000 $1,650,000 WASHINGTON 1 $1,895,000 $1,895,000 NORTH EAST 1 $1,387,500 $1,387,500
Source: Onekey MLS and Mid-Hudson MLS.

LUXURY MARKET REPORT

2nd QUARTER 2023

TOP CONNECTICUT LUXURY MARKETS

GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER

SOUTHERN FAIRFIELD COUNTY, CT LUXURY HOME SALES | $2M AND HIGHER

TOWN/CITY # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE GREENWICH 56 $4,807,000 $15,000,000 RIVERSIDE 10 $3,325,000 $4,612,000 OLD GREENWICH 3 $3,005,000 $5,500,000 COS COB 1 $4,100,000 $4,100,000
TOWN/CITY # OF SALES MEDIAN LUXURY SALE PRICE HIGHEST SALE PRICE WESTPORT 53 $3,250,000 $8,250,000 NEW CANAAN 37 $2,460,000 $4,550,000 DARIEN 35 $2,575,000 $85,000,000 FAIRFIELD 20 $2,475,000 $5,010,000 WILTON 8 $2,177,500 $3,258,000 NORWALK 8 $2,400,000 $7,610,000 STAMFORD 6 $2,245,500 $2,400,000 WESTON 5 $2,170,000 $2,436,833 RIDGEFIELD 4 $2,740,000 $24,000,000 EASTON 1 $2,505,000 $2,505,000
Source: Greenwich MLS and Smart MLS

LUXURY MARKET REPORT

QUARTER 2023

SUPPLY/DEMAND SNAPSHOT

2nd
WESTCHESTER COUNTY | $2M AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $2,000,000 - $2,999,999 63 88 1 84 97 1 -25.0% -9.3% $3,000,000 - $4,999,999 47 45 1 59 62 1 -20.3% -27.4% $5,000,000 - $9,999,999 35 14 3 35 10 4 0.0% 40.0% $10,000,000 and up 3 0 Not Valid 3 0 Not Valid 0.0% 0.0% NORTHERN WESTCHESTER COUNTY | $2M AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $2,000,000 - $2,999,999 27 23 1 38 21 2 -28.9% 9.5% $3,000,000 - $4,999,999 26 10 3 18 13 1 44.4% -23.1% $5,000,000 - $9,999,999 10 5 2 17 4 4 -41.2% 25.0% $10,000,000 and up 5 1 5 6 1 6 -16.7% 0.0% PUTNAM COUNTY | $1M AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $1,000,000 - $1,999,999 24 2 12 17 7 2 41.2% -71.4% $2,000,000 and up 13 0 Not Valid 12 2 6 8.3% -100.0%
M AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $1,000,000 - $1,999,999 59 13 5 55 13 4 7.3% 0.0% $2,000,000 and up 34 6 6 23 8 3 47.8% -25.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
SOUTHERN
DUTCHESS COUNTY | $1
Source: Onekey MLS and Mid-Hudson MLS.

LUXURY MARKET REPORT

QUARTER 2023

SUPPLY/DEMAND SNAPSHOT

ROWAYTON

2nd
AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $3,000,000 - $3,999,999 23 15 2 25 19 1 -8.0% -21.1% $4,000,000 - $4,999,999 20 15 1 22 20 1 -9.1% -25.0% $5,000,000 - $9,999,999 39 20 2 47 32 1 -17.0% -37.5% $10,000,000 and up       24 3 8 27 1 27 -11.1% 200.0%
| $2M AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $2,000,000 - $2,999,999 9 9 1 13 12 1 -30.8% -25.0% $3,000,000 - $4,999,999 11 9 1 13 9 1 -15.4% 0.0% $5,000,000 - $9,999,999 9 1 9 4 0 Not Valid 125.0% 0.0% $10,000,000 and up 5 0 Not Valid 0 1 0 0.0% -100.0%
GREENWICH, CT | $3M
DARIEN
$2M AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $2,000,000 - $2,999,999 1 1 1 7 3 2 -85.7% -66.7% $3,000,000 - $4,999,999 3 1 3 1 2 1 200.0% -50.0% $5,000,000 - $9,999,999 0 0 Not Valid 1 1 1 -100.0% -100.0% $10,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0%
$2M AND HIGHER AS OF JUNE 30, 2023 AS OF JUNE 30, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $2,000,000 - $2,999,999 16 12 1 17 14 1 -5.9% -14.3% $3,000,000 - $4,999,999 28 7 4 26 13 2 7.7% -46.2% $5,000,000 - $9,999,999 8 2 4 12 1 12 -33.3% 100.0% $10,000,000 and up 2 0 Not Valid 1 1 1 100.0% -100.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand Source: Greenwich MLS and Smart MLS.
|
NEW CANAAN |

TEN-YEAR MARKET HISTORY

WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER

PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER

2nd QUARTER
LUXURY MARKET REPORT
2023
*2023 homes sold are annualized based on actual sales year-to-date.
Source : Onekey MLS.

TEN-YEAR MARKET HISTORY

DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER

GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER

2nd QUARTER
LUXURY MARKET REPORT
2023
Source : Mid-Hudson and Greenwich Multiple Listing Service. *2023 homes sold are annualized based on actual sales year-to-date.

TEN-YEAR MARKET HISTORY

DARIEN, CT LUXURY HOME SALES | $2M AND HIGHER

ROWAYTON, CT LUXURY HOME SALES | $2M AND HIGHER

2nd QUARTER
LUXURY MARKET REPORT
2023
Source : Smart MLS. *2023 homes sold are annualized based on actual sales year-to-date.

TEN-YEAR MARKET HISTORY

NEW CANAAN, CT LUXURY HOME SALES | $2M AND HIGHER

REPORT 2nd QUARTER
LUXURY MARKET
2023
Source : Smart MLS. *2023 homes sold are annualized based on actual sales year-to-date.

Q2-2023

LUXURY MARKET REPORT

WASHINGTON, NY · $20,000,000

Prized equestrian estate and former Carnegie property epitomizes Millbrook Hunt Country.

Oliver Brown | M 917.680.8933

GREENWICH, CT · $19,500,000

Regal waterfront estate in one of Greenwich, Connecticut's most coveted gated communities. Ellen Mosher | M 203.705.9680

GREENWICH, CT · $7,495,000

Classic Georgian 7900sf, 8+acres in one acre zone, pool & tennis court. Potential sub-division. Barbara Wells | M 203.912.5644

GREENWICH, CT · $5,495,000

Direct waterfront luxury Condo boasts great views, deluxe amenities and harbor-side pool.

Kristy de la Sierra | M 203.526.6007

GREENWICH, CT · $5,495,000 2023/2024 Center Hall Colonial is the newest offering by luxury builders Ritzzo Development. Amanda Bates Goodro | M 203.536.1195

BRONXVILLE · $4,950,000

Custom Nantucket-style Colonial on peaceful street in coveted location.

Leslie A. Corcoran | M 914.522.7308

GARRISON, NY · $3,600,000

Brilliantly-designed modern style retreat with views of the Hudson River. Private setting.

Melissa Carlton | M 914.474.0111

RED HOOK, NY · $3,500,000

8,000 SF country Manor with Catskill views boasts 1810 Federal house & modern wing.

Joseph Briggs | M 917.975.9926

BERNE, NY · $2,995,000

Entertain in your luxe Adirondack-style Farmhouse and then go glamping on your 300 acres.

Anthony Dargenzio | M 518.821.0826

HOULIHANLAWRENCE.COM / HOULIHANLAWRENCE @ HOULIHANLAWRENCE @ HOULIHANRE

LUXURY MARKET REPORT

ARMONK, NY · $6,900,000

108 acres of open, undeveloped land in Armonk once owned by Yale for agriculture study.

Caroline Shepherd | M 914.393.2795

GREENWICH, CT · $6,750,000

Architecturally significant Manor enchants with artistry & luxuries. Walk to Greenwich Avenue. Joy Metalios | M 917.620.9121

WASHINGTON, NY · $5,900,000

Beloved Killearn Farm encompasses an iconic Greek Revival, pool, and gardens. Marc Maclean | M 917.922.4131

RIDGEFIELD, CT · $4,500,000

Meticulously updated & reimagined with luxurious amenities. Gunite saltwater pool.

Heather Neumann Salaga | M 203.770.8591

GREENWICH, CT · $4,450,000

Ultra luxurious new construction home located on two acres on a quiet cul-de-sac.

Joanne Mancuso | M 203.667.3887

PURCHASE, NY · $3,895,000

Sleek Mid-century Modern on a gated culde-sac driveway. The ultimate in privacy.

Lisa Murphy | M 914.391.2655

NORTH SALEM, NY · $2,250,000

Enchanting, refurbished 1850 Farmhouse located in North Salem’s storied estate district.

Cecilia Heller | M 914.318.4992

BRONXVILLE, NY · $2,195,000

Just-built “California Cool” Colonial, walkable to Bronxville Village, with luxe amenities. Mary Karen O'Shaughnessy | M 914.400.5808

KATONAH, NY · $1,950,000

French country Manor with specimen trees & saltwater pool, 2 min to Katonah, 1 hr to NYC. Tracy Cunniff | M 914.960.1319

HOULIHANLAWRENCE.COM / HOULIHANLAWRENCE @ HOULIHANLAWRENCE @ HOULIHANRE
Q2-2023

HOULIHAN LAWRENCE PRIVATE BROKERAGE

Designed expressly for our region's most exceptional properties, Houlihan Lawrence Private Brokerage offers discreet advisory and brokerage services to our valued luxury clients. Since its inception in 1990, our exclusive luxury program directed by Senior Vice President, Anthony P. Cutugno has earned a reputation for personalized boutique-style service and nuanced marketing that best serves the interests of our clientele. Known for our prudence and reliability, Houlihan Lawrence has worked with many of the area's most prominent families, charitable trusts, banks and estate trustees in facilitating the sale of the region's most prestigious properties.

Based on the private banking model, Tony is personally involved in every transaction offering invaluable insight and advice honed by decades of experience in international trade and luxury real estate.

What sets Private Brokerage apart is our ability to leverage Houlihan Lawrence's vast resources and impressive global partners to successfully position a property within the international marketplace. With a reach that extends to 6 continents, Houlihan Lawrence Private Brokerage understands the world of luxury and has cultivated relationships with international partners and high net-worth clients across the globe. These world-class connections supported by the personal oversight of Tony and his Private Brokerage team create a powerful combination that drives results year-after-year.

914.234.0308 HOULIHANLAWRENCE .COM

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.