Houlihan Lawrence Q4-2023 Luxury Market Report

LUXURY NY & CT

Market Report FULL YEAR 2023

FULL YEAR 2023 MARKET REPORT

EXECUTIVE SUMMARY Nearly all markets north of NYC (Westchester County, closed sales $2M+; Putnam/ Dutchess counties, closed sales $1M+; Greenwich, CT, closed sales $3M+; Darien, New Canaan, Rowayton, CT, closed sales $2M+) experienced double-digit declines in closed sales, many for the second consecutive year. This downward trend is due to lack of inventory exacerbated by high interest rates. Interest rate cuts are projected in mid-2024, which will prompt more sellers to enter the market and help alleviate the inventory shortage.

For buyers, lack of inventory created competition. Luxury homes (on average) sold for close to 100% of list price. Though days on market ticked up slightly in 2023, listings sitting on the market over 100 days are often overlooked by buyers due to price and/or presentation. Conversely, a change in price or staging often transformed a languishing listing into a desirable offering.

The number of sales over $10M in Westchester County and Greenwich were close to all-time highs in 2023. Uber-luxury buyers and sellers had the wind at their back.

Buyers at this level possessing multiple real estate holdings flexed their spending power as they pursued a well-diversified investment portfolio.

In recent years, there has been a growing interest in sustainability for luxury real estate buyers. Energy efficient homes that monitor energy usage and reduce carbon footprint is one path to sustainability. Preservation is another and we are seeing a trend this year of younger, eco-conscious luxury buyers purchasing period homes with the belief that the greenest home is one that is already built.

Homes built before 1940 tend to be inherently environmentally sustainable, and though updates are often needed, keeping an existing structure intact is the ultimate recycling project for this group of buyers.

In closing, all eyes are on this year’s presidential election, and the impact it will have on the economy and the global landscape. We are hopeful that the expectation of lower interest rates in the second half will help improve the trajectory of luxury real estate north of NYC. Sincerely, Anthony P. Cutugno Sr. Vice President, Private Brokerage

H O U L I H A N L A W R E N C E P R I VA T E B R O K E R A G E

|

P. 9 1 4 . 2 3 4 . 0 3 0 8

|

P R I VA T E - B R O K E R A G E @ H O U L I H A N L A W R E N C E . C O M

LUXURY MARKET REPORT 4th QUARTER 2023

WESTCHESTER COUNTY LUXURY HOME SALES | $2 M AND HIGHER Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

79

76

3.9%

493

673

-26.7%

TOTAL DOLLAR VOLUME

$247,458,959

$231,351,914

7.0%

$1,547,664,253

$2,084,952,896

-25.8%

MEDIAN SALE PRICE

$2,630,000

$2,631,250

0.0%

$2,725,000

$2,700,000

0.9%

AVERAGE PRICE PER SQUARE FOOT

$631

$594

6.2%

$617

$606

1.8%

AVERAGE DAYS ON MARKET

75

64

17.2%

60

48

25.0%

% SALE PRICE TO LIST PRICE

100.7%

96.7%

4.1%

100.3%

102.0%

-1.7%

HOMES SOLD

PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES | $1 M AND HIGHER Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

23

30

-23.3%

92

151

-39.1%

TOTAL DOLLAR VOLUME

$35,931,500

$49,984,897

-28.1%

$147,174,381

$287,608,194

-48.8%

MEDIAN SALE PRICE

$1,300,000

$1,484,125

-12.4%

$1,393,750

$1,450,000

-3.9%

AVERAGE PRICE PER SQUARE FOOT

$540

$446

21.1%

$490

$442

10.9%

AVERAGE DAYS ON MARKET

144

151

-4.6%

142

157

-9.6%

% SALE PRICE TO LIST PRICE

99.9%

97.8%

2.1%

97.9%

94.8%

3.3%

UNITS SOLD

GREENWICH, CT LUXURY HOME SALES | $3 M AND HIGHER Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

42

32

31.3%

217

256

-15.2%

TOTAL DOLLAR VOLUME

$234,832,500

$154,506,982

52.0%

$1,343,351,315

$1,296,218,595

3.6%

MEDIAN SALE PRICE

$5,047,500

$4,126,500

22.3%

$4,800,000

$4,505,000

6.5%

AVERAGE PRICE PER SQUARE FOOT

$911

$925

-1.5%

$916

$807

13.5%

AVERAGE DAYS ON MARKET

100

57

75.4%

124

87

42.5%

% SALE PRICE TO LIST PRICE

97.3%

99.0%

-1.7%

96.6%

99.0%

-2.4%

HOMES SOLD

Source: Onekey MLS, Mid-Hudson MLS and Greenwich MLS.

LUXURY MARKET REPORT 4th QUARTER 2023

DARIEN LUXURY HOME SALES | $2 M AND HIGHER Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

31

29

6.9%

117

109

7.3%

TOTAL DOLLAR VOLUME

$93,936,000

$93,456,936

0.5%

$430,291,375

$350,815,933

22.7%

MEDIAN SALE PRICE

$2,700,000

$2,750,000

-1.8%

$2,700,000

$2,867,000

-5.8%

AVERAGE PRICE PER SQUARE FOOT

$687

$627

9.6%

$697

$614

13.5%

AVERAGE DAYS ON MARKET

56

58

-3.4%

43

45

-4.4%

% SALE PRICE TO LIST PRICE

101.1%

101.1%

0.0%

97.7%

101.9%

-4.1%

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

1

4

-75.0%

19

21

-9.5%

TOTAL DOLLAR VOLUME

$3,295,000

$13,380,500

-75.4%

$56,391,019

$63,182,500

-10.7%

MEDIAN SALE PRICE

$3,295,000

$3,471,500

-5.1%

$2,520,019

$2,825,000

-10.8%

AVERAGE PRICE PER SQUARE FOOT

$932

$888

5.0%

$792

$785

0.9%

AVERAGE DAYS ON MARKET

146

29

403.4%

46

33

39.4%

% SALE PRICE TO LIST PRICE

94.3%

100.0%

-5.7%

101.8%

103.2%

-1.4%

HOMES SOLD

ROWAYTON LUXURY HOME SALES | $2 M AND HIGHER

HOMES SOLD

NEW CANAAN LUXURY HOME SALES | $2 M AND HIGHER Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

23

22

4.5%

106

124

-14.5%

TOTAL DOLLAR VOLUME

$75,939,500

$65,775,847

15.5%

$320,771,000

$380,368,794

-15.7%

MEDIAN SALE PRICE

$3,175,000

$2,810,000

13.0%

$2,735,000

$2,725,000

0.4%

AVERAGE PRICE PER SQUARE FOOT

$474

$472

0.4%

$491

$496

-1.0%

AVERAGE DAYS ON MARKET

63

80

-21.3%

53

63

-15.9%

% SALE PRICE TO LIST PRICE

99.4%

97.1%

2.4%

99.3%

101.2%

-1.9%

HOMES SOLD

Source: Smart MLS.

LUXURY MARKET REPORT 4th QUARTER 2023

WESTCHESTER COUNTY LUXURY HOME SALES Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

$2,000,000 - $2,999,999

51

54

-5%

314

432

-27%

$3,000,000 - $4,999,999

21

15

40%

136

201

-32%

$5,000,000 - $9,999,999

6

6

0%

38

37

2%

$10,000,000 and up

1

1

0

5

3

66%

PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

$1,000,000 - $1,999,999

19

25

-24%

77

117

-34%

$2,000,000 and up

4

5

-20%

15

34

-55%

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

$3,000,000 - $3,999,999

9

13

-30%

61

90

-32%

$4,000,000 - $4,999,999

12

7

71%

61

67

-9%

$5,000,000 - $9,999,999

18

11

63%

82

90

-8%

$10,000,000 and up

3

1

200%

13

9

44%

GREENWICH, CT LUXURY HOME SALES

Source: Onekey MLS, Mid-Hudson MLS and Greenwich MLS

LUXURY MARKET REPORT 4th QUARTER 2023

DARIEN LUXURY HOME SALES Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

$2,000,000 - $2,999,999

18

16

12%

71

57

24%

$3,000,000 - $4,999,999

10

10

0%

39

44

-11%

$5,000,000 - $9,999,999

3

3

0%

6

8

-25%

$10,000,000 and up

0

0

Not Valid

1

0

Not Valid

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

$2,000,000 - $2,999,999

0

1

-100%

13

15

-13%

$3,000,000 - $4,999,999

1

3

-66%

5

5

0%

$5,000,000 - $9,999,999

0

0

Not Valid

1

1

0%

$10,000,000 and up

0

0

Not Valid

0

0

Not Valid

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

$2,000,000 - $2,999,999

11

14

-21%

64

81

-21%

$3,000,000 - $4,999,999

9

8

12%

35

37

-5%

$5,000,000 - $9,999,999

3

0

Not Valid

7

5

40%

$10,000,000 and up

0

0

Not Valid

0

1

-100%

ROWAYTON LUXURY HOME SALES

NEW CANAAN LUXURY HOME SALES

Source: Smart MLS.

LUXURY MARKET REPORT 4th QUARTER 2023

TOP NEW YORK LUXURY MARKETS

WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER SCHOOL DISTRICT

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

SCARSDALE

17

$3,100,000

$7,500,000

RYE CITY

17

$2,875,000

$7,800,000

BEDFORD

7

$2,800,000

$10,000,000

HARRISON

6

$2,585,000

$3,700,000

BRONXVILLE

5

$2,500,000

$2,850,000

MAMARONECK

5

$2,075,000

$3,825,000

BYRAM HILLS

4

$2,947,500

$3,100,000

IRVINGTON

3

$2,150,750

$2,470,000

PELHAM

3

$2,450,000

$2,675,000

CHAPPAQUA

2

$2,410,505

$2,725,000

KATONAH LEWISBORO

2

$3,147,500

$4,000,000

NORTH SALEM

1

$2,350,000

$2,350,000

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT

# OF SALES

HALDANE

3

$1,155,000

$1,750,000

BREWSTER

1

$1,149,000

$1,149,000

GARRISON

1

$1,607,000

$1,607,000

DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER TOWN/CITY

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

PAWLING

2

$1,700,000

$2,300,000

WASHINGTON

2

$2,315,000

$2,700,000

RHINEBECK

1

$1,500,000

$1,500,000

Source: Onekey MLS and Mid-Hudson MLS.

LUXURY MARKET REPORT 4th QUARTER 2023

TOP CONNECTICUT LUXURY MARKETS

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

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

GREENWICH

34

$5,262,500

$11,000,000

OLD GREENWICH

5

$3,450,000

$4,095,000

RIVERSIDE

3

$4,550,000

$10,300,000

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

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

WESTPORT

31

$2,795,000

$8,600,000

DARIEN

31

$2,700,000

$6,500,000

NEW CANAAN

23

$3,175,000

$7,550,000

FAIRFIELD

9

$2,600,000

$4,500,000

STAMFORD

8

$2,179,500

$5,650,000

WILTON

6

$2,150,000

$2,525,000

RIDGEFIELD

3

$2,500,000

$2,510,000

WESTON

3

$3,350,000

$3,500,000

REDDING

2

$2,987,500

$3,750,000

NORWALK

1

$3,295,000

$3,295,000

Source: Greenwich MLS and Smart MLS

LUXURY MARKET REPORT 4th QUARTER 2023 SUPPLY/DEMAND SNAPSHOT SOUTHERN WESTCHESTER COUNTY | $2M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

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

36

30

1

27

37

1

33.3%

-18.9%

$3,000,000 - $4,999,999

31

28

1

38

24

2

-18.4%

16.7%

$5,000,000 - $9,999,999

23

3

8

22

7

3

4.5%

-57.1%

$10,000,000 and up

3

0

Not Valid

2

1

2

50.0%

-100.0%

PRICE RANGE

NORTHERN WESTCHESTER COUNTY | $2M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

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

21

10

2

22

11

2

-4.5%

-9.1%

$3,000,000 - $4,999,999

15

4

4

16

4

4

-6.3%

0.0%

$5,000,000 - $9,999,999

8

4

2

16

0

Not Valid

-50.0%

0.0%

$10,000,000 and up

3

1

3

4

2

2

-25.0%

-50.0%

PRICE RANGE

PUTNAM COUNTY | $1M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 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

20

3

7

18

2

9

11.1%

50.0%

$2,000,000 and up

11

3

4

8

1

8

37.5%

200.0%

DUTCHESS COUNTY | $1M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 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

40

7

6

50

11

5

-20.0%

-36.4%

$2,000,000 and up

28

6

5

20

5

4

40.0%

20.0%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

Source: Onekey MLS and Mid-Hudson MLS.

LUXURY MARKET REPORT 4th QUARTER 2023 SUPPLY/DEMAND SNAPSHOT GREENWICH, CT | $3M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

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

8

12

1

25

10

3

-68.0%

20.0%

$4,000,000 - $4,999,999

11

7

2

23

6

4

-52.2%

16.7%

$5,000,000 - $9,999,999

24

11

2

31

14

2

-22.6%

-21.4%

$10,000,000 and up

18

3

6

22

1

22

-18.2%

200.0%

PRICE RANGE

DARIEN | $2M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

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

0

Not Valid

4

7

1

-75.0%

-100.0%

$3,000,000 - $4,999,999

3

4

1

8

2

4

-62.5%

100.0%

$5,000,000 - $9,999,999

7

2

4

2

0

Not Valid

250.0%

0.0%

$10,000,000 and up

2

0

Not Valid

0

1

0

0.0%

-100.0%

PRICE RANGE

ROWAYTON | $2M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

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

3

1

3

0

2

0

0.0%

-50.0%

$3,000,000 - $4,999,999

1

0

Not Valid

2

0

Not Valid

-50.0%

0.0%

$5,000,000 - $9,999,999

0

0

Not Valid

0

1

0

0.0%

-100.0%

$10,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

PRICE RANGE

NEW CANAAN | $2M AND HIGHER AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

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

4

6

1

4

2

2

0.0%

200.0%

$3,000,000 - $4,999,999

15

5

3

18

3

6

-16.7%

66.7%

$5,000,000 - $9,999,999

7

1

7

8

0

Not Valid

-12.5%

0.0%

$10,000,000 and up

3

0

Not Valid

2

0

Not Valid

50.0%

0.0%

PRICE RANGE

*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.

LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER

PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER

Source : Onekey MLS.

LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER

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

Source : Mid-Hudson and Greenwich Multiple Listing Service.

LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY DARIEN, CT LUXURY HOME SALES | $2M AND HIGHER

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

Source : Smart MLS.

LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY NEW CANAAN, CT LUXURY HOME SALES | $2M AND HIGHER

Source : Smart MLS.

FULL YEAR 2023 LUXURY MARKET REPORT A SELECTION OF 2023 LUXURY SALES

428 RO U ND H I LL ROA D

55 0 R I VERSVI L L E ROA D

42 MI DWO O D ROA D

GRE E N WI CH , CT

G R E E N W I CH, CT

GREENWI CH, CT

Offered at $10,200,000

Offered at $9,750,000

Offered at $8,995,000

Greenwich Brokerage 203.869.0700

Greenwich Brokerage 203.869.0700

Greenwich Brokerage 203.869.0700

25 M OU NTA I N WO O D D R I V E

26 S TO NEY WY L D E L A NE

577 HA RRI S ROA D

G R E E N W I CH, CT

B ED FO RD HI L L S, NY

Offered at $6,980,000

Offered at $6,900,000

Greenwich Brokerage 203.869.0700

Katonah Brokerage 914.232.5007

2 C LIF TON PLACE

7 5 P E R KI NS ROA D

2 MA RT I N B U T L ER CO URT

IRVIN GTO N, NY

G R E E N W I CH, CT

RY E, NY

Offered at $6,495,000

Offered at $6,295,000

Offered at $4,925,000

Irvington Brokerage 914.591.2700

Greenwich Brokerage 203.869.0700

Rye Brokerage 914.967.7680

GRE E N WI CH , CT Offered at $7,125,000 Greenwich Brokerage 203.869.0700

/H O U L I H A N L AW R EN CE

@HOULIHANRE

@H O U L I H A N L AW R EN CE

H O U L I H A N L AW R EN CE.CO M

FULL YEAR 2023 LUXURY MARKET REPORT A SELECTION OF 2023 LUXURY SALES

15 LISMORE L A NE

4 06 S TANWI CH ROA D

GRE E N WI CH , CT

G R E E N W I CH, CT

Offered at $8,995,000

Offered at $7,998,000

Offered at $7,495,000

Greenwich Brokerage 203.869.0700

Greenwich Brokerage 203.869.0700

Greenwich Brokerage 203.869.0700

528 R I V ERS VI LL E ROA D

3 O L D RO U ND HI L L L A NE

52 8 FI EL D PO I NT ROA D

G R E E N W I CH, CT

GREENWI CH, CT

Offered at $6,750,000

Offered at $6,550,000

Greenwich Brokerage 203.869.0700

|Greenwich Brokerage 203.869.0700

132 LI NCO L N AV EN U E

6 4 P O U ND RI D GE ROA D

63 PA RK AVENU E

PURC H AS E, NY

P O U N D RI D GE NY 1 0576

B RO NXVI L L E, NY

Offered at $3,350,000

Offered at $2,995,000

Offered at $2,750,000

Rye Brokerage 914.967.7680

Bedford Brokerage 914.234.9099

Bronxville Brokerage 914.337.0400

GRE E N WI CH , CT Offered at $6,880,000 Greenwich Brokerage 203.869.0700

/H O U L I H A N L AW R EN CE

@HOULIHANRE

@H O U L I H A N L AW R EN CE

1 06 GL ENVI L L E ROA D GREENWI CH, CT

H O U L I H A N L AW R EN CE.CO M

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