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LUXURY MARKET T R E N D S


Luxury Luxury Lifestyle Lifestyle

MEETS MEETS


Welcome to summer! In many of the competitive luxury markets, we saw a very busy second quarter with the abundance of springtime activity and an increase in new listings and closed sales. On a monthly basis, the summer season is the time of year when we see more listings coming on the market, and that is true for the luxury markets as well. Many markets will still experience lower levels of inventory at the initial luxury price points, but as a whole, there will be some relief for buyers as new listings continue to increase. If the timing is right, one of our Certified Luxury Home Specialists can help you find the luxury property of your dreams while selection is best. Our Brokers offer the highest level of personal representation as competent, trusted advisors and advocates for our clients. We also leverage our relationships with other brokerages to make sure you have the competitive edge you need to be successful, whether you’re selling or buying a home. To stay up to date on featured listings and luxury market trends, please follow us on our new social media networks exclusively devoted to Exceptional Homes. On, Facebook @JLSexceptionalHomes and on Instagram, @exceptional_homesjls. At John L. Scott Real Estate we believe our clients live exceptional lives, and they deserve Exceptional Homes.

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 World. 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 Sold $55 Billion More Homes I N 2 0 1 7 T H A N O U R C LO S E S T C O 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.

0


LUXURY MARKET T R E N D S

SECOND QUARTER HIGHLIGHTS

Total Dollar Volume Seattle

+45.3%

896

Number of Sales Eastside

-44.7%

Average Days on Market Snohomish County

Number of Sales Island County

+69.2%

+86.8%

Total Dollar Volume Clark County

On the cover: Offered at $3,880,000 | johnlscott.com/13876

+78.5% Number of Sales South King County

Average Days on Market East Portland

-17.8%


2018 Q2 Luxury Market Trends

Seat tle

Offered at $2,950,000 | johnlscott.com/24878

Q2 2018

Q2 2017

% Change

Number of Sales

607

443

37.00%

Total Dollar Volume

$934,074,846

$643,009,866

45.30%

Average Sales Price

$1,538,838

$1,451,490

6.00%

Median Sales Price

$1,305,000

$1,310,000

-0.40%

Average Days on Market

20

18

11.10%

Sold / List Price %

103.10%

105.30%

-2.10%

Average Price per SQFT

$520

$472

10.00%

Quarter-end inventory

315

214

47.2%

Sold at $1,725,000

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 Q2 Luxury Market Trends

West Be l l e v ue

Offered at $4,288,000 | johnlscott.com/36700

Q2 2018

Q2 2017

% Change

Number of Sales

106

115

-7.80%

Total Dollar Volume

$307,204,528

$291,546,216

5.40%

Average Sales Price

$2,898,156

$2,535,184

14.30%

Median Sales Price

$2,459,000

$2,200,000

11.80%

Average Days on Market

39

27

44.40%

Sold / List Price %

98.50%

101.10%

-2.50%

Average Price per SQFT

$733

$663

10.50%

Quarter-end inventory

114

86

32.6%

Pending | johnlscott.com/66074

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 Q2 Luxury Market Trends

Mer cer Isl a nd

Offered at $3,880,000 | johnlscott.com/13876

Q2 2018

Q2 2017

% Change

Number of Sales

90

105

-14.30%

Total Dollar Volume

$189,783,855

$196,356,573

-3.30%

Average Sales Price

$2,108,710

$1,870,063

12.80%

Median Sales Price

$1,705,000

$1,650,000

3.30%

Average Days on Market

28

25

12.00%

Sold / List Price %

99.80%

101.20%

-1.30%

Average Price per SQFT

$602

$541

11.40%

Quarter-end inventory

77

65

18.5%

Offered at $3,585,000 | johnlscott.com/64152

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 Q2 Luxury Market Trends

Ea stside

Offered at $3,500,000 | johnlscott.com/95256

Q2 2018

Q2 2017

% Change

Number of Sales

896

689

30.00%

Total Dollar Volume

$129,821,1307

$963,634,757

34.70%

Average Sales Price

$1,448,897

$1,398,599

3.60%

Median Sales Price

$1,295,000

$1,250,000

3.60%

Average Days on Market

18

22

-18.20%

Sold / List Price %

102.60%

103.20%

-0.50%

Average Price per SQFT

$424

$381

11.20%

Quarter-end inventory

570

563

1.2%

Pending | johnlscott.com/33659

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 Q2 Luxury Market Trends

King Cou nt y Condo

Sold at $1,200,000

Q2 2018

Q2 2017

% Change

Number of Sales

120

73

64.40%

Total Dollar Volume

$177,198,704

$118,405,438

49.70%

Average Sales Price

$1,476,656

$1,621,992

-9.00%

Median Sales Price

$1,271,000

$1,378,888

-7.80%

Average Days on Market

41

48

-14.60%

Sold / List Price %

98.60%

98.80%

-0.20%

Average Price per SQFT

$767

$760

0.90%

Quarter-end inventory

146

78

87.2%

Pending | johnlscott.com/57173

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 Q2 Luxury Market Trends

South King Co un t y

Pending | johnlscott.com/78247

Q2 2018

Q2 2017

% Change

Number of Sales

141

79

78.50%

Total Dollar Volume

$135,962,192

$77,713,792

75.00%

Average Sales Price

$964,271

$983,719

-2.00%

Median Sales Price

$833,300

$877,000

-5.00%

Average Days on Market

50

74

-32.40%

Sold / List Price %

99.80%

98.20%

1.60%

Average Price per SQFT

$268

$253

5.90%

Quarter-end inventory

247

199

24.1%

Offered at $1,350,000 | johnlscott.com/88163

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 Q2 Luxury Market Trends

Pier ce Co un t y

Offered at $2,495,000 | johnlscott.com/46045

Q2 2018

Q2 2017

% Change

Number of Sales

138

105

31.40%

Total Dollar Volume

$144,763,893

$110,828,894

30.60%

Average Sales Price

$1,049,014

$1,055,513

-0.60%

Median Sales Price

$925,000

$945,000

-2.10%

Average Days on Market

62

84

-26.20%

Sold / List Price %

98.50%

96.30%

2.30%

Average Price per SQFT

$277

$256

8.30%

Quarter-end inventory

280

293

-4.4%

Offered at $1,650,000 | johnlscott.com/11887

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 Q2 Luxury Market Trends

K itsa p Co unt y

Sold at $1,260,000

Q2 2018

Q2 2017

% Change

Number of Sales

106

98

8.20%

Total Dollar Volume

$117,263,859

$113,411,664

3.40%

Average Sales Price

$1,106,263

$1,157,262

-4.40%

Median Sales Price

$991,500

$962,526

3.00%

Average Days on Market

42

56

-25.00%

Sold / List Price %

100.90%

98.90%

2.00%

Average Price per SQFT

$346

$344

0.60%

Quarter-end inventory

135

150

-10.0%

Offered at $1,250,000 | johnlscott.com/14620

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 Q2 Luxury Market Trends

Bainbridg e I sl a nd

Offered at $1,195,000 | johnlscott.com/46175

Q2 2018

Q2 2017

% Change

Number of Sales

47

41

14.60%

Total Dollar Volume

$63,254,722

$63,796,868

-0.80%

Average Sales Price

$1,345,845

$1,556,021

-13.50%

Median Sales Price

$1,250,000

$1,305,000

-4.20%

Average Days on Market

36

49

-26.50%

Sold / List Price %

100.70%

98.30%

2.40%

Average Price per SQFT

$393

$400

-1.70%

Quarter-end inventory

38

46

-17.4%

Offered at $1,689,000 | 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

Q2 2018

Q2 2017

% Change

Number of Sales

27

21

28.60%

Total Dollar Volume

$106,963,305

$73,715,900

45.10%

Average Sales Price

$3,961,604

$3,510,281

12.90%

Median Sales Price

$3,575,000

$3,000,000

19.20%

Average Days on Market

77

57

35.10%

Sold / List Price %

95.30%

98.40%

-3.10%

Average Price per SQFT

$943

$898

5.00%

Quarter-end inventory

50

51

-2.0%

Pending | johnlscott.com/21629

Sold at $1,400,000

Sold on Lake W


Washington

2018 Q2 Luxury Market Trends

Lake Sammamish

Offered at $4,980,000 | johnlscott.com/31990

Q2 2017

% Change

Number of Sales

21

16

31.30%

Total Dollar Volume

$49,141,844

$38,286,800

28.40%

Average Sales Price

$2,340,088

$2,392,925

-2.20%

Median Sales Price

$2,050,000

$2,269,000

-9.70%

Average Days on Market

20

44

-54.50%

Sold / List Price %

98.00%

98.50%

-0.50%

Average Price per SQFT

$595

$578

2.90%

Quarter-end inventory

21

17

23.5%

King County

Pending | johnlscott.com/64893

Q2 2018

Q2 2018

Q2 2017

% Change

Number of Sales

101

77

28.60%

Total Dollar Volume

$264,912,507

$203,308,300

45.10%

Average Sales Price

$2,622,896

$2,640,368

12.90%

Median Sales Price

$2,150,000

$2,336,800

19.20%

Average Days on Market

56

67

35.10%

Sold / List Price %

97.10%

97.30%

-3.10%

Average Price per SQFT

$651

$677

5.00%

Quarter-end inventory

142

161

-11.8%

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 Q2 Luxury Market Trends

S nohomish Count y

Sold at $1,020,000

Q2 2018

Q2 2017

% Change

Number of Sales

451

242

86.40%

Total Dollar Volume

$417,373,988

$231,170,418

80.50%

Average Sales Price

$925,441

$955,250

-3.10%

Median Sales Price

$849,000

$882,102

-3.80%

Average Days on Market

21

38

-44.70%

Sold / List Price %

101.50%

100.20%

1.20%

Average Price per SQFT

$291

$274

6.30%

Quarter-end inventory

392

271

44.6%

Offered at $925,000 | johnlscott.com/19333

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 Q2 Luxury Market Trends

Isl a nd Co u n t y

Pending | johnlscott.com/41333

Q2 2018

Q2 2017

% Change

Number of Sales

44

26

69.20%

Total Dollar Volume

$48,373,050

$30,225,138

60.00%

Average Sales Price

$1,099,388

$1,162,505

-5.40%

Median Sales Price

$947,375

$902,500

5.00%

Average Days on Market

64

88

-27.30%

Sold / List Price %

97.60%

97.40%

0.20%

Average Price per SQFT

$343

$348

-1.60%

Quarter-end inventory

90

99

-9.1%

Offered at $1,689,000 | johnlscott.com/52828

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 Q2 Luxury Market Trends

Spoka ne Co unt y

Offered at $1,200,000 | johnlscott.com/45965

Q2 2018

Q2 2017

% Change

Number of Sales

34

20

70.00%

Total Dollar Volume

$31,465,900

$17,690,000

77.90%

Average Sales Price

$925,468

$884,500

4.60%

Median Sales Price

$832,500

$827,500

0.60%

Average Days on Market

83

77

7.80%

Sold / List Price %

95.70%

94.60%

1.10%

Average Price per SQFT

$213

$174

22.40%

Quarter-end inventory

136

89

52.8%

Offered at $1,175,000 | johnlscott.com/17375

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 Q2 Luxury Market Trends

K ootenai Co un t y

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

Q2 2018

Q2 2017

% Change

Number of Sales

47

36

30.60%

Total Dollar Volume

$59,345,515

$39,918,719

48.70%

Average Sales Price

$1,262,671

$1,108,853

13.90%

Median Sales Price

$995,000

$884,500

12.50%

Average Days on Market

91

71

28.20%

Sold / List Price %

94.80%

94.40%

0.40%

Average Price per SQFT

$299

$276

8.30%

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 Q2 Luxury Market Trends

C l a r k Co un t y

Offered at $899,000 | johnlscott.com/40844

Q2 2018

Q2 2017

% Change

Number of Sales

88

43

104.70%

Total Dollar Volume

$82,918,554

$44,390,366

86.80%

Average Sales Price

$942,256

$1,032,334

-8.70%

Median Sales Price

$837,500

$895,000

-6.40%

Average Days on Market

82

104

-21.20%

Sold / List Price %

95.70%

97.00%

-1.30%

Average Price per SQFT

$220

$226

-2.70%

Quarter-end inventory

246

160

53.8%

Offered at $975,000 | johnlscott.com/38445

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 Q2 Luxury Market Trends

Ea st Portl a nd

Pending | johnlscott.com/59538

Q2 2018

Q2 2017

% Change

Number of Sales

211

179

17.90%

Total Dollar Volume

$298,808,469

$255,339,647

17.00%

Average Sales Price

$1,416,154

$1,426,478

-0.70%

Median Sales Price

$1,269,000

$1,250,000

1.50%

Average Days on Market

60

73

-17.80%

Sold / List Price %

98.00%

97.40%

0.60%

Average Price per SQFT

$337

$331

2.00%

Quarter-end inventory

505

412

22.6%

Offered at $1,050,000 | johnlscott.com/17270

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 Q2 Luxury Market Trends

Wes t Portl a nd

Pending | johnlscott.com/27212

Q2 2018

Q2 2017

% Change

Number of Sales

36

20

80.00%

Total Dollar Volume

$45,278,650

$28,201,990

60.60%

Average Sales Price

$1,257,740

$1,410,100

-10.80%

Median Sales Price

$1,205,000

$1,164,500

3.50%

Average Days on Market

77

77

0.00%

Sold / List Price %

97.80%

94.30%

3.60%

Average Price per SQFT

$298

$286

4.20%

Quarter-end inventory

80

90

-11.1%

Offered at $1,200,000 | johnlscott.com/37523

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 Q2 Luxury Market Trends

Be nd

Offered at $2,600,000 | johnlscott.com/46757

Q2 2018

Q2 2017

% Change

Number of Sales

74

50

48.00%

Total Dollar Volume

$95,662,278

$66,155,660

44.60%

Average Sales Price

$1,292,733

$1,323,113

-2.30%

Median Sales Price

$1,137,500

$1,182,500

-3.80%

Average Days on Market

132

142

-7.00%

Sold / List Price %

97.20%

96.50%

0.80%

Average Price per SQFT

$317

$333

-4.60%

Quarter-end inventory

354

190

86.3%

Offered at $989,000 | johnlscott.com/16862

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 Q2 Luxury Market Trends

Ja ck son Co un t y

Offered at $1,250,000 | johnlscott.com/47279

Q2 2018

Q2 2017

% Change

Number of Sales

19

13

46.20%

Total Dollar Volume

$22,812,500

$19,532,540

16.80%

Average Sales Price

$1,200,658

$1,502,503

-20.10%

Median Sales Price

$1,080,000

$1,350,000

-20.00%

Average Days on Market

223

118

89.00%

Sold / List Price %

94.70%

92.40%

2.50%

Average Price per SQFT

$279

$341

-18.20%

Quarter-end inventory

212

103

105.8%

Offered at $1,295,000 | johnlscott.com/50530

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 Q2 Luxury Market Trends

EXPLORING CREATIVE EXPERIENCES AND DEVICES reflects the essence of luxury and staying abreast of the most interesting and exclusive innovations around the world is essential to a luxury lifestyle. We have gathered the following collection of trends that showcase some of our favorite products and pursuits that encourage and cater to a life well lived.

1

Tree Hotel

Tree Hotel, an experiential lodging company based in the small town of Harads, Sweden, offers a unique experience for those seeking a hotel stay like none other. The owners of Tree Hotel have worked with some of Scandinavia’s leading architects to create “tree rooms” that are suspended 4–6 meters above ground within the nearby forest, each with its own distinctive story or theme. Guests can choose from seven tree rooms to stay in, including an extra-terrestrial themed UFO tree room or the polished Mirrorcube, which reflects the beautiful forest scenery. treehotel.se

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LuxeTrends® provided by Luxury Portfolio International.


2018 Q2 Luxury Market Trends

2

Eleven James

Created based on the philosophy that luxury should be fun and elegant, Eleven James houses beautiful, high-end timepieces without forcing customers to commit to one major purchase. The company’s unique membership structure allows participants to pay a monthly fee to lease watches from luxury brands like Rolex, Cartier and more. Eleven James offers watches for both men and women with memberships starting at $150/per month and extending to $500/per month. In addition to their list of services for members, Eleven James can also facilitate the buying process if a member comes across a rented timepiece that they would like to add to their own personal collection. elevenjames.com

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SkyTrak Golf Simulator Platinum Studio

Improve your backswing at home with your own golf simulation studio. Winner of the 2017 Golf Digest Editor’s Choice Award, SkyTrak Golf Simulator Platinum Studio is designed to provide golfers with accurate shot data away from the golf course. The system pairs the technology of the SkyTrak Launch Monitor with a net, screen and net return mount to create an interactive studio simulation package for both professional and novice golfers. rainorshinegolf.com

4

Salamander Jumpseat Ottoman

Aptly called “the spare that’s always there,” the Salamander Jumpseat Ottoman is a stylish and convenient fixture for cluttered rooms and tight spaces. Ideal for tiny homes and apartments, the convertible ottoman unfolds into a home theater chair with a backrest, padded seat and a cup holder, providing extra seating for guests. This innovative piece of furniture can be used in nearly every room and is available in various shades of velluto fabric and premium leather to go with nearly any color scheme. salamanderdesigns.com


2018 Q2 Luxury Market Trends

5

Super Cold Treatment

Cold treatments have been used for centuries to cure sleeping disorders, skin diseases and much more. Haikko Manor Conference & Spa in Finland is reviving this practice by offering the chilling Super Cold Treatment as a spa experience for guests. To begin the treatment, participants wear a bathing suit accompanied by warm headgear, mittens, socks and felt footwear. Depending on the treatment target, participants sit in the cryo-cabin between 1–3 minutes and enjoy a truly invigorating experience at a frigid -120°C. After completing the cold treatment, guests receive a commemorative diploma to remember the refreshing experience. haikko.fi

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Oura Ring

The Oura Ring tracks physical activity throughout the day to analyze how daily behaviors effect sleep patterns. The ring is designed to be worn all day and tracks the wearer’s steps, distance traveled and calories burned. All of this data is in an online dashboard or in their smartphone app. The app helps users understand how to adjust daily activities to perform better during the day and have a better night’s sleep. Both functional and fashionable, the new sleek design of the standard Oura Ring comes in three distinct designs: the Heritage, the Balance and the ultra-luxe Balance Diamond, if you’re looking for a little sparkle. ouraring.com


2018 Q2 Luxury Market Trends

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The Oberoi Zahra, Luxury Nile Cruiser, Egypt

Oberoi Hotels & Resorts offers a seven-day luxury cruise from Luxor to Aswan, which allows guests the opportunity to explore 5,000 years of Egyptian culture while cruising down the river Nile. Aboard the cruiser, Egyptologists provide guests with in-depth information on Egypt’s rich history and notable landmarks. During their stay, guests can enjoy panoramic views from luxury suites and indulgent amenities, including a full-service spa, theater, library and cigar lounge, along with a selection of Egyptian and international cuisine. oberoihotels.com

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Aston Martin AM37 yacht

Described as “the ultimate day boat,” the AM37 combines remarkable design and innovative technology. Created by high-end English car maker Aston Martin and handcrafted by Quintessence Yachts, the AM37 is a 37-foot-long yacht made of 3,500 unique parts. The day boat is available in two variations: the “Grand Turismo,” which is a leisure power boat, or the more extreme AM37S, which hosts high-powered petrol engines that can reach speeds up to roughly 57 mph. Combining bespoke craftsmanship and cutting-edge technology, the AM37 is a remarkable yacht designed for the most discerning buyer. For more information on the AM37 email Quintessence Yachts and mention code “LP VIP” to ensure VIP service. quintessenceyachts.com


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Q2 Luxury Market Trends  
Q2 Luxury Market Trends