The End of 2020 Sees Record Sales in November
As the year draws to a close, November’s statistics reveal that the luxury market continues to go from strength to strength, adding still further to a year full of unexpected trends. The majority of the 101 markets reviewed in November by The Institute for Luxury Home Marketing show that, for the first time in many years, most markets showcase sellers in firm control.
From coast to coast, the diversity of markets that have seen an increase in demand for their luxury properties has been unprecedented. Many markets from small rural destinations, to established resort locations, to less densely populated metropolitans show higher than average sales for November.