Q3 Luxury Market Trends

Page 1

LUXURY MARKET T R E N D S


Luxury Luxury Lifestyle Lifestyle

MEETS MEETS


Welcome to Fall! As the leaves change this fall, changes in the luxury home market come as well. Every year, new listings tend to decrease in many of our luxury markets around this time, but our Certified Luxury Home Specialists can help you sell your home or find your dream property no matter the season. This fall, the luxury market remains strong with properties near job centers priced below $2 million dollars, while homes above $2 million have transitioned to selective sales activity. It takes a special type of broker to serve as a trusted advisor and advocate who has a deep understanding of the local luxury market. Our brokers who help clients buy and sell Exceptional Homes offer the dedication and know-how needed to market your home, negotiate your contract and ensure a successful outcome each time. When it’s the right time for you to consider buying or selling luxury property, I hope you’ll take advantage of the skill, education and diligence of our John L. Scott brokers. We also recommend reviewing current market conditions with your broker so you are equipped with the knowledge to sell or buy with confidence. In 1931, my grandfather started John L. Scott Real Estate in downtown Seattle. He had a vision of delivering concierge-level service by putting clients first. Today we’ve grown to over 110 offices and more than 3,200 broker associates in Washington, Oregon, Idaho and California. We can attribute our success to the fact that, even after 87 years in the business, we still hold tight to my grandfather’s vision through our core value of “Living Life as a Contribution®” in every facet of life: at home, work and at play. At John L. Scott Real Estate, we believe our clients live exceptional lives, and they deserve Exceptional Homes. Connect with us: @JLSexceptionalhomes

@exceptional_homesjls

J. Lennox Scott Chairman and CEO John L. Scott Real Estate


G LOBAL NE T W ORK John L. Scott is a founding member of the international organization Leading Real Estate Companies of the WorldÂŽ. Together, we outrank all other companies in home sales by volume and through their luxury division, Luxury Portfolio International, we connect affluent buyers and sellers around the world. This exclusive network provides national and international exposure for your home. Only a few companies can provide this level of global exposure and only the top companies can earn membership in this network.


John L. Scott + Leading RE Had $55 Billion More U. S . H O M E S A L E S V O LU M E I N 2017 T H A N O U R C LO S E S T CO M P E T I TO R Source: RealTrends.com

400

n Leading Real Estate

$372

Companies of the World®

n RE/MAX n Keller Williams n Coldwell Banker n Berkshire Hathaway

$317

350

300

Home Services

$298

n Century 21 n Sotheby’s International Realty n ERA n Exit Realty n Realty Executives n Better Homes & Gardens n HomeSmart

$250

250

200

$181

150

$121

$116

100

50

$26

$25

$22

$20 $12

For informational purposes only. Based on available data for average sales units per agent and average sales prices per firm. In compiling this report, LeadingRE relies on third party sources including REAL Trends National Network 2018 Totals Final Report and REALTOR® Magazine 2017 Franchise Report. LeadingRE is not responsible for the accuracy of third party data. Volume shown in billions of dollars.

0


LUXURY MARKET T R E N D S

THIRD QUARTER HIGHLIGHTS

Number of Sales Eastside

749

-13.6% Total Dollar Volume Spokane County

Average Days on Market Seattle

+42.6%

Number of Sales King County Waterfront

140

Average Days on Market Island County

-47.5%

On the cover: Offered at $6,688,000 | johnlscott.com/10697

171

Number of Sales East Portland

Average Days on Market Mercer Island

-53.7%


2018 Q3 Luxury Market Trends

Seat tle

Offered at $1,250,000 | johnlscott.com/28226

Q3 2018

Q3 2017

% Change

Number of Sales

473

462

2.40%

Total Dollar Volume

$706,366,290

$677,599,415

4.20%

Average Sales Price

$1,493,375

$1,466,665

1.80%

Median Sales Price

$1,275,000

$1,277,000

-0.20%

Average Days on Market

19

22

-13.60%

Sold / List Price %

100.00%

102.50%

-2.40%

Average Price per SQFT

$522

$481

8.70%

Quarter-end inventory

373

266

40.2%

Offered at $1,195,000 | johnlscott.com/17524

The data is for single family residences over $1M in MLS areas 140, 380, 390, 700, 710. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

West Be l l e v ue

Offered at $3,998,000 | johnlscott.com/10378

Q3 2018

Q3 2017

% Change

Number of Sales

81

119

-31.90%

Total Dollar Volume

$264,098,989

$359,516,027

-26.50%

Average Sales Price

$3,260,481

$3,021,143

7.90%

Median Sales Price

$2,600,000

$2,485,000

4.60%

Average Days on Market

31

45

-31.10%

Sold / List Price %

97.60%

95.90%

1.80%

Average Price per SQFT

$814

$774

5.10%

Quarter-end inventory

115

82

40.2%

Sold at $3,908,000

The data is for single family residences over $1M in MLS area 520. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Mer cer Isl a nd

Offered at $4,585,000 | johnlscott.com/13880

Q3 2018

Q3 2017

% Change

Number of Sales

73

84

-13.10%

Total Dollar Volume

$141,308,233

$166,533,150

-15.10%

Average Sales Price

$1,935,729

$1,982,538

-2.40%

Median Sales Price

$1,750,000

$1,555,000

12.50%

Average Days on Market

19

41

-53.70%

Sold / List Price %

99.50%

99.70%

-0.20%

Average Price per SQFT

$586

$550

6.40%

Quarter-end inventory

85

66

28.8%

Offered at $4,700,000 | johnlscott.com/72757

The data is for single family residences over $1M in MLS area 510. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Ea stside

Offered at $2,075,000 | johnlscott.com/15443

Q3 2018

Q3 2017

% Change

Number of Sales

749

740

1.20%

Total Dollar Volume

$1,064,073,655

$1,035,832,598

2.70%

Average Sales Price

$1,420,659

$1,399,774

1.50%

Median Sales Price

$1,280,000

$1,250,000

2.40%

Average Days on Market

23

21

9.50%

Sold / List Price %

99.50%

101.20%

-1.70%

Average Price per SQFT

$406

$381

6.40%

Quarter-end inventory

722

547

32.0%

Pending | johnlscott.com/80035

The data is for single family residences over $1M in MLS areas 500, 530, 540, 550, 560, 600. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

King Cou nt y Condo

Offered at $1,198,000 | johnlscott.com/19801

Q3 2018

Q3 2017

% Change

Number of Sales

100

77

29.90%

Total Dollar Volume

$145,540,074

$116,034,755

25.40%

Average Sales Price

$1,455,401

$1,506,945

-3.40%

Median Sales Price

$1,249,975

$1,358,000

-8.00%

Average Days on Market

29

34

-14.70%

Sold / List Price %

97.80%

98.30%

-0.50%

Average Price per SQFT

$718

$765

-6.20%

Quarter-end inventory

144

91

58.2%

Offered at $1,520,000 | johnlscott.com/45073

This data is for condos over $1M in King County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

South King Co un t y

Offered at $1,750,000 | johnlscott.com/88991

Q3 2018

Q3 2017

% Change

Number of Sales

127

99

28.30%

Total Dollar Volume

$117,596,929

$96,847,398

21.40%

Average Sales Price

$925,960

$978,257

-5.30%

Median Sales Price

$838,343

$897,000

-6.50%

Average Days on Market

38

57

-33.30%

Sold / List Price %

98.60%

97.90%

0.80%

Average Price per SQFT

$267

$258

3.40%

Quarter-end inventory

229

189

21.2%

Offered at $1,425,000 | johnlscott.com/32052

This data is for single family residences over $750K in MLS Areas 100, 110, 120, 130, 300, 310, 320, 330, 340, 350, 360. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Pier ce Co un t y

Offered at $1,650,000 | johnlscott.com/89403

Q3 2018

Q3 2017

% Change

Number of Sales

151

122

23.80%

Total Dollar Volume

$159,414,183

$120,951,452

31.80%

Average Sales Price

$1,055,723

$991,405

6.50%

Median Sales Price

$950,000

$875,000

8.60%

Average Days on Market

62

55

12.70%

Sold / List Price %

97.00%

97.70%

-0.80%

Average Price per SQFT

$257

$250

2.60%

Quarter-end inventory

280

232

20.7%

Pending | johnlscott.com/54501

This data is for single family residences over $750K in Pierce County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

K itsa p Co unt y

Offered at $1,100,000 | johnlscott.com/20156

Q3 2018

Q3 2017

% Change

Number of Sales

134

135

-0.70%

Total Dollar Volume

$155,109,049

$157,325,544

-1.40%

Average Sales Price

$1,157,530

$1,165,374

-0.70%

Median Sales Price

$977,500

$989,393

-1.20%

Average Days on Market

40

51

-21.60%

Sold / List Price %

98.40%

98.80%

-0.30%

Average Price per SQFT

$358

$348

2.60%

Quarter-end inventory

133

98

36.0%

Offered at $1,060,000 | johnlscott.com/10885

This data is for single family residences over $750K in Kitsap County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Bainbridg e I sl a nd

Sold at $1,435,000

Q3 2018

Q3 2017

% Change

Number of Sales

47

51

-7.80%

Total Dollar Volume

$71,368,338

$80,310,890

-11.10%

Average Sales Price

$1,518,475

$1,574,723

-3.60%

Median Sales Price

$1,300,000

$1,325,000

-1.90%

Average Days on Market

35

46

-23.90%

Sold / List Price %

97.90%

98.50%

-0.60%

Average Price per SQFT

$411

$423

-2.80%

Quarter-end inventory

37

27

37.0%

Offered at $1,200,000 | johnlscott.com/74062

The data is for single family residences over $1M in MLS area 170. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


WAT ER FR ONT Lake Washington

Q3 2018

Q3 2017

% Change

Number of Sales

41

57

-28.10%

Total Dollar Volume

$160,549,125

$220,229,700

-27.10%

Average Sales Price

$3,915,832

$3,863,679

1.30%

Median Sales Price

$2,388,000

$2,498,000

-4.40%

Average Days on Market

31

56

-44.60%

Sold / List Price %

98.10%

93.40%

5.10%

Average Price per SQFT

$1,119

$905

23.70%

Quarter-end inventory

62

42

47.6%

Offered at $4,700,000 | johnlscott.com/72757

Offered at $4,700,000 | johnlscott.com/72757

Sold on Lake W


Washington

2018 Q3 Luxury Market Trends

Lake Sammamish

Offered at $4,585,000 | johnlscott.com/13880

Q3 2017

% Change

Number of Sales

27

31

-12.90%

Total Dollar Volume

$53,889,800

$61,000,708

-11.70%

Average Sales Price

$1,995,919

$1,967,765

1.40%

Median Sales Price

$1,725,000

$1,900,000

-9.20%

Average Days on Market

27

23

17.40%

Sold / List Price %

97.60%

99.50%

-2.00%

Average Price per SQFT

$533

$611

-12.80%

Quarter-end inventory

28

14

100.0%

King County

Offered at $2,200,000 | johnlscott.com/84934

Q3 2018

Q3 2018

Q3 2017

% Change

Number of Sales

140

172

-18.60%

Total Dollar Volume

$326,909,397

$420,945,803

-22.30%

Average Sales Price

$2,335,067

$2,447,359

-4.60%

Median Sales Price

$1,562,500

$1,800,000

-13.20%

Average Days on Market

32

46

-30.40%

Sold / List Price %

97.70%

95.70%

2.10%

Average Price per SQFT

$687

$624

10.10%

Quarter-end inventory

196

130

50.8%

The data is for waterfront single family residences and condos over $1M. Lake Washington is MLS areas 510, 520, 380, 390, 710. Lake Sammamish is MLS areas 530, 540. Some John L. Scott offices are independently owned and operated.

All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

S nohomish Count y

Sold at $1,228,888

Q3 2018

Q3 2017

% Change

Number of Sales

377

310

21.60%

Total Dollar Volume

$350,902,984

$291,007,880

20.60%

Average Sales Price

$930,777

$938,735

-0.80%

Median Sales Price

$849,999

$848,475

0.20%

Average Days on Market

29

33

-12.10%

Sold / List Price %

99.80%

99.60%

0.20%

Average Price per SQFT

$297

$273

8.70%

Quarter-end inventory

444

278

59.7%

Offered at $1,499,950 | johnlscott.com/53023

This data is for single family residences over $750K in Snohomish County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Isl a nd Co u n t y

Offered at $2,195,000 | johnlscott.com/75792

Q3 2018

Q3 2017

% Change

Number of Sales

59

46

28.30%

Total Dollar Volume

$64,464,200

$46,032,550

40.00%

Average Sales Price

$1,092,614

$1,000,708

9.20%

Median Sales Price

$905,000

$864,500

4.70%

Average Days on Market

53

101

-47.50%

Sold / List Price %

97.10%

97.10%

0.00%

Average Price per SQFT

$354

$333

6.50%

Quarter-end inventory

88

76

15.8%

Offered at $1,945,000 | johnlscott.com/48248

This data is for single family residences over $750K in Island County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Spoka ne Co unt y

Offered at $1,100,000 | johnlscott.com/68069

Q3 2018

Q3 2017

% Change

Number of Sales

32

24

33.30%

Total Dollar Volume

$31,103,000

$21,804,478

42.60%

Average Sales Price

$971,969

$908,520

7.00%

Median Sales Price

$863,750

$843,500

2.40%

Average Days on Market

52

98

-46.90%

Sold / List Price %

96.00%

96.20%

-0.20%

Average Price per SQFT

$197

$164

19.80%

Quarter-end inventory

133

92

44.6%

Offered at $1,800,000 | johnlscott.com/37665

This data is for single family residences over $750K in Spokane County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

K ootenai Co un t y

Offered at $1,500,000 | johnlscott.com/47561

Q3 2018

Q3 2017

% Change

Number of Sales

76

31

145.20%

Total Dollar Volume

$98,708,451

$33,810,850

191.90%

Average Sales Price

$1,298,795

$1,090,673

19.10%

Median Sales Price

$1,008,450

$895,000

12.70%

Average Days on Market

99

149

-33.60%

Sold / List Price %

94.20%

93.20%

1.10%

Average Price per SQFT

$329

$279

17.80%

Offered at $1,500,000 | johnlscott.com/47561

This data is for single family residences over $750K in Kootenai County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

C l a r k Co un t y

Offered at $12,000,000 | johnlscott.com/74368

Q3 2018

Q3 2017

% Change

Number of Sales

91

80

13.80%

Total Dollar Volume

$88,833,678

$80,902,442

9.80%

Average Sales Price

$976,194

$1,011,281

-3.50%

Median Sales Price

$875,000

$875,000

0.00%

Average Days on Market

44

76

-42.10%

Sold / List Price %

98.00%

97.10%

0.90%

Average Price per SQFT

$237

$228

4.30%

Quarter-end inventory

261

172

51.7%

Offered at $1,400,000 | johnlscott.com/39782

This data is for single family residences over $750K in Clark County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Ea st Portl a nd

Offered at $1,199,000 | johnlscott.com/53349

Q3 2018

Q3 2017

% Change

Number of Sales

171

164

4.30%

Total Dollar Volume

$245,378,828

$243,638,822

0.70%

Average Sales Price

$1,434,964

$1,485,603

-3.40%

Median Sales Price

$1,245,000

$1,295,000

-3.90%

Average Days on Market

58

51

13.70%

Sold / List Price %

96.50%

96.70%

-0.20%

Average Price per SQFT

$299

$330

-9.40%

Quarter-end inventory

465

397

17.1%

Offered at $1,150,000 | johnlscott.com/43675

This data is for single family residences over $1M in Clackamas and Multnomah Counties. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Wes t Portl a nd

Sold at $1,529,000

Q3 2018

Q3 2017

% Change

Number of Sales

27

20

35.00%

Total Dollar Volume

$36,935,808

$25,193,470

46.60%

Average Sales Price

$1,367,993

$1,259,674

8.60%

Median Sales Price

$1,350,000

$1,149,950

17.40%

Average Days on Market

69

27

155.60%

Sold / List Price %

97.80%

96.30%

1.50%

Average Price per SQFT

$273

$266

2.50%

Quarter-end inventory

89

73

21.9%

Sold at $1,529,000

This data is for single family residences over $1M in Columbia and Washington Counties. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Be nd

Offered at $1,490,000 | johnlscott.com/59708

Q3 2018

Q3 2017

% Change

Number of Sales

67

69

-2.90%

Total Dollar Volume

$87,446,596

$81,189,646

7.70%

Average Sales Price

$1,305,173

$1,176,662

10.90%

Median Sales Price

$1,200,000

$1,100,000

9.10%

Average Days on Market

100

103

-2.90%

Sold / List Price %

94.80%

97.90%

-3.20%

Average Price per SQFT

$360

$345

4.20%

Quarter-end inventory

326

172

89.5%

Offered at $3,500,000 | johnlscott.com/20667

This data is for single family residences over $900K in Bend, OR. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

Ja ck son Co un t y

Pending | johnlscott.com/52928

Q3 2018

Q3 2017

% Change

Number of Sales

13

15

-13.30%

Total Dollar Volume

$25,780,000

$16,373,000

57.50%

Average Sales Price

$1,983,077

$1,091,533

81.70%

Median Sales Price

$1,500,000

$995,000

50.80%

Average Days on Market

176

106

66.00%

Sold / List Price %

79.90%

96.10%

-16.90%

Average Price per SQFT

$415

$287

44.70%

Quarter-end inventory

199

89

123.6%

Offered at $950,000 | johnlscott.com/54685

This data is for single family residences over $900K in Jackson County. Some John L. Scott offices are independently owned and operated. All reports presented are based on data supplied by the NWMLS, RMLS, Spokane MLS, and the Central Oregon MLS. Neither the Associations nor the MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Associations or the MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


2018 Q3 Luxury Market Trends

LUXETRENDS

®

EXPLORING THE INTRIGUING, THE EXCITING AND THE UNCONVENTIONAL have long been elements of living a fulfilled life. May the following collection of products and experiences from around the world enhance your days and inspire your next adventure.

1

Wheels Up Private Jet Service

Whether your travel is business or personal, Wheels Up can help you get there for the moments that matter, without losing precious time. Share the sky through this innovative private aviation solution, which provides luxury air travel through an exclusive membership program. If you’re traveling alone or with your family try one of the Wheels Up Shared Flights with other members, Shuttle Flights to popular destinations or opt for a one-way trip on a “Hot Flight” for a fraction of the cost. For business travelers, Wheels Up offers a variety of flexible, convenient and reliable options to get you to your meetings on time with as little as 24 hours’ notice. wheelsup.com LuxeTrends® provided by Luxury Portfolio International. 2

luxuryportfolio.com/luxetrends


2018 Q3 Luxury Market Trends

2

The World’s Most Versatile Massage Chair

This innovative chair has multiple functions to make your massage experience unforgettable. By combining acupressure, full-body stretching and a unique design, this is more than a chair, but truly a rejuvenating experience. Seemingly endless features include built-in Bluetooth speakers, 34 wellness settings including deep tissue massage and therapeutic relaxation, lumbar heat settings to soothe tight areas, a built-in USB port to play your favorite music and more. One of the most interesting functions is the zero-gravity feature, which gives the chair the ability to recline to any angle to elevate the feet above the heart and promote healing blood flow and reduced back pain. hammacher.com

Image credit: M. Cellard

3

Vinothérapie Spa at Le Sources de Caudalie, Bordeaux, France

The memorable Vinothérapie Spa at the Le Sources de Caudalie hotel in the Bordeaux region of France offers winery-themed spa treatments in an elegant and idyllic atmosphere located between the vineyards and the forests. Among its many treatments and amenities, enjoy an indulgent “A Star’s Day in the Vineyards” package, which provides a full day of pampering treatments including the Vine[Activ] facial, which uses grape-infused Caudalie products and a 50-minute massage, as well as your choice of the Crushed Cabernet or the Divine Scrub treatments to exfoliate the body. Finish the day-long treatment in a relaxing bath infused with grape, red vine and essential oil extracts for the ultimate finish. sources-caudalie.com LuxeTrends® provided by Luxury Portfolio International. ||


2018 Q3 Luxury Market Trends L U X E TRENDS ®

4

Tiffany Rose Gold Crazy Straw

6

Digitsole Smartshoe

Ever on trend, Tiffany & Co. has introduced a rose gold crazy straw which is an ideal way to embrace the movement toward reducing use of plastic straws, the world’s most disposable product. This handcrafted item is typical of the quality of Tiffany, made of sterling silver with rose vermeil, and incorporates a distinctive Tiffany Blue® enamel accent that will delight fans of the iconic brand. This fun and imaginative piece is sure to evoke nostalgia and is the perfect gift for the person who has everything. tiffany.com

Image credit: Tiffany & Co.

5

Archipod

Revolutionizing the home office, U.K. based Archipod provides an elevated outdoor office space to those who work from home. Enjoy a quality work space, diminish your carbon footprint and cut down on commuting, all at the same time. Made from timber and constructed in a sphere of about 10 feet (3 meters), the structure is assembled in small sections so that no matter where you live, they will be able to get the ‘Pod’ onto your site. The structure receives excellent natural light and should not require additional planning permissions prior to installation. Pods are made to order and only require connection to electricity and telephone lines from the main home. archipod.com

Digitsole, a leader in the world of footwear technology, has developed an innovative new product called the Smartshoe, that can perform a variety of tasks to make the wearer’s stride more comfortable. Connected through an app on your smartphone, each pair of these futuristic shoes can warm the foot to a desired temperature, track the wearer’s daily posture, steps, calories and more, to help prevent injury and improve overall health. The lace-less shoes have a tongue-like cover that is activated via an app or by pressing a button on the side and are powered by a rechargeable lithium battery that lasts between five hours to eight weeks, depending on use. digitsole.com LuxeTrends® provided by Luxury Portfolio International.


2018 Q3 Luxury Market Trends

7

Four Seasons Tented Camp Golden Triangle, Chiang Rai, Thailand

Relax and explore your surroundings accompanied by elephants and the sounds of nature at this stunning experiential retreat. The Tented Camp in the Golden Triangle region of northern Thailand offers guests an exclusive opportunity to enjoy magnificent accommodations, including a boat excursion, which leisurely sails you down the Ruak River allowing you to see the local life of Thailand on one side and Burma on the other. Only minutes away from the resort, you can also explore the hilltop Buddhist temple Wat Phra That Pha Ngao, which contains an ancient statue and provides panoramic views of the Mekong River. With only 15 tents available, guests are invited to stay for a three or four-day holiday and enjoy camp activities such as spa treatments, cooking classes from the executive chef on staff or exploring the wilderness accompanied by an elephant keeper. fourseasons.com/goldentriangle

8

CAYAGO SEABOB

Manufactured by CAYAGO, a premium company based in Stuttgart, Germany, the SEABOB is the world’s fastest water sled. Have an exciting adventure while enjoying this new way to explore the sea, above or below the water’s surface while you maneuver with the grace and agility of a dolphin. Users can manage their diving depth while reaching speeds of 10 to 12 mph (15 to 20 km/h) and going to depths of up to 131 feet (40 meters). Available in three distinct models that vary in propulsion, speed and operating time, the SEABOB offers a new way to enjoy water sports. seabob.com LuxeTrends® provided by Luxury Portfolio International.

luxuryportfolio.com | | 5


Luxury Lifestyle

MEETS


CONNECTING YOU TO LUXURY LEADERS TORTOLA, BRITISH VIRGIN ISLANDS | $2,685,000 | WEB ID: XRGZ

DENIA, SPAIN PRICE UPON REQUEST WEB ID: YLTZ

Luxury Portfolio International,® is part of an exclusive global network that: • Represents global celebrities and the world’s elite • Assists nearly 100 affluent clients with global real estate needs every day • Features the award-winning LuxuryPortfolio.com

VISIT EXCEPTIONALHOMESJLS.COM


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