This last year will be remembered as an unprecedented year. Priorities have realigned toward home, family, health, and wellness due to the pandemic. These profound lifestyle changes, combined with other factors such as increasing numbers of people teleworking, have led to a U.S. luxury real estate boom and a migration of wealth to new markets, including the Capital Region.
Sales of luxury single-family homes (resale only, new construction excluded) increased from 2019 in EVERY SUB AREA MARKET in 2020 and continues into 2021.
Saratoga County continued to be where most Capital Region Local Luxury and Global Luxury homes were sold.
Contact me for more information regarding the Local and Global Luxury market.
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