Page 5 - Luxury Market Report as of May 2020
P. 5
Island Summary
(Single + Multi-Family Homes)
% Chg 1/1/19- 1/1/20- YTD
2015 2016 2017 2018 2019 2019/2018 4/30/19 4/30/20 % Chg
(1/1/15-12/31/15) (1/1/16-12/31/16) (1/1/17-12/31/17) (1/1/18-12/31/18) (1/1/19-12/31/19)
Luxury Single + Multi Family
Homes Sold (>$900k) 152 162 178 181 186 +2.7% 37 60 +62.2%
Avg. Price $2.746M $2.167M $2.305M $2.227M $2.889M +29.7% $3.187M $2.181M -31.6%
Med. Price $1.675M $1.503M $1.553M $1.705M $1.618M -5.6% $1.520M $1.700M +11.8%
Days on Market 219 220 255 183 205 -73 Days 213 247 +34 Days
$5M + 13 12 13 11 26 +236.4% 4 3 -25.0%
$4M-$5M 6 8 7 7 9 +28.6% 1 2 +100.0%
$3M-$4M 13 17 12 9 14 +55.6% 0 4 N/A
$2M-$3M 30 23 25 43 30 -30.2% 8 12 +50.0%
$1M-$2M 77 85 104 96 87 -9.4% 22 32 +45.5%
$750k-$1M 55 71 83 81 81 0.0% 12 32 +166.7%
$500k-$750k 138 129 120 149 122 -18.1% 25 38 -52.0%
Total Island (S+M) Sales 432 420 425 429 389 - 9.3% 76 121 +59.2%
Total Sales < $900k 280 258 247 251 209 -16.7% 40 62 +55.0%
