Page 5 - Luxury Market Report as of January 2021 revised 3-15-21
P. 5
Island Summary
(Single + Multi-Family Homes Sold)
2015 2016 2017 2018 2019 2020 % Chg
(1/1/15- (1/1/16- (1/1/17- (1/1/18- (1/1/19- 1/1/20-
12/31/15) 12/31/16) 12/31/17) 12/31/18) 12/31/19) 12/31/20
Luxury Single + Multi Family
Homes Sold (>$900k) 152 162 178 181 186 343 +84.4%
Avg. Price $2.746M $2.167M $2.305M $2.227M $2.889M $2.306M -20.2%
Med. Price $1.675M $1.503M $1.553M $1.705M $1.618M $1.700M +5.1%
Days on Market 219 220 255 183 205 176 -29 Days
$5M + 13 12 13 11 26 23
$4M-$5M 6 8 7 7 9 20
$3M-$4M 13 17 12 9 14 19
$2M-$3M 30 23 25 43 30 63
$1M-$2M 77 85 104 96 87 182
$750k-$1M 55 71 83 81 81 131
$500k-$750k 138 129 120 149 122 101
Total Island (S+M) Sales 432 420 425 429 389 544 +39.8%
Total Sales < $900k 280 258 247 251 209 204 -2.4%