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Houlihan Lawrence Q1-2022 Luxury Market Report

Page 1

LUXURY NY & CT

Market Report

Q1-2022


Q1 2022 MARKET REPORT

Executive Summary Supply and demand of luxury homes for sale continues to drive the market in Westchester County ($2M and higher), Putnam and Dutchess counties ($1M and higher), Greenwich ($3M and higher), Darien and New Canaan (sales $2M and higher). With historically low inventory and continued high demand north of New York City, it is not surprising that several markets posted a decline in closed sales – fewer homes are available to purchase. 2020 and 2021 reached record-breaking sales; it is unlikely that the pace achieved during the past two years will continue unabated unless supply of luxury homes significantly increases. Our low supply/high demand environment has generated stiff competition for a dwindling number of listings. Multiple offers have pushed up median selling prices. For example, in Westchester, approximately 38% of first quarter luxury sales closed at a premium over list price – the highest being $1M above asking price. The media is abuzz with these astounding real estate stories however the majority of Westchester’s first quarter luxury sales closed below the asking price, demonstrating that price sensitivity is a reality. Savvy buyers will overlook unrealistically priced listings to the benefit of well-priced and wellpresented homes that are selling more quickly than last year. If a listing is languishing on the market, it is often a sign that pricing should be revisited to capitalize on this robust, but not always euphoric, market. Looking forward, the lack of inventory will not correct itself soon. One of many factors contributing to the supply deficit is sellers’ hesitancy to list their home for sale. They are concerned about securing a new home that meets their needs in this environment, perpetuating the shrinking supply of homes on the market. For sellers who desire to list, there is no better time to do so than now.

Sincerely, Anthony P. Cutugno Sr. Vice President, Director of Private Brokerage


LUXURY MARKET REPORT 1st QUARTER 2022 WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

99

84

17.9%

645

457

41.1%

$320,633,847

$257,138,997

24.7%

$1,987,174,811

$1,322,094,471

50.3%

$2,750,000

$2,659,750

3.4%

$2,687,000

$2,525,000

6.4%

$578

$528

9.5%

$555

$520

6.7%

AVERAGE DAYS ON MARKET

86

107

-19.6%

74

111

-33.3%

% SALE PRICE TO LIST PRICE

98.4%

95.2%

3.4%

98.0%

96.3%

1.8%

HOMES SOLD TOTAL DOLLAR VOLUME MEDIAN SALE PRICE AVERAGE PRICE PER SQUARE FOOT

PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

41

41

0.0%

153

121

26.4%

TOTAL DOLLAR VOLUME

$72,672,500

$95,648,006

-24.0%

$303,828,806

$245,746,354

23.6%

MEDIAN SALE PRICE

$1,275,000

$1,625,000

-21.5%

$1,600,000

$1,525,000

4.9%

$404

$491

-17.7%

$474

$474

0.0%

AVERAGE DAYS ON MARKET

169

194

-12.9%

173

207

-16.4%

% SALE PRICE TO LIST PRICE

97.1%

95.0%

2.2%

96.8%

96.0%

0.8%

HOMES SOLD

AVERAGE PRICE PER SQUARE FOOT

GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

60

70

-14.3%

368

263

39.9%

$297,962,375

$386,862,970

-23.0%

$1,949,660,354

$1,323,201,337

47.3%

$4,225,000

$3,975,000

6.3%

$4,300,000

$3,950,000

8.9%

AVERAGE PRICE PER SQUARE FOOT

$764

$757

0.9%

$769

$722

6.5%

AVERAGE DAYS ON MARKET

147

180

-18.3%

165

274

-39.8%

% SALE PRICE TO LIST PRICE

96.9%

96.0%

0.9%

96.8%

93.6%

3.4%

UNITS SOLD TOTAL DOLLAR VOLUME MEDIAN SALE PRICE

Source: Hudson Gateway Multiple Listing Service, Mid-Hudson Multiple Listing Service and Greenwich Multiple Listing Service.


LUXURY MARKET REPORT 1st QUARTER 2022 DARIEN LUXURY HOME SALES | $2M AND HIGHER Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

19

13

46.2%

145

109

33.0%

TOTAL DOLLAR VOLUME

$66,528,696

$37,543,500

77.2%

$460,449,532

$322,988,476

42.6%

MEDIAN SALE PRICE

$3,450,000

$2,662,000

29.6%

$2,895,000

$2,650,000

9.2%

$598

$489

22.3%

$574

$505

13.7%

AVERAGE DAYS ON MARKET

88

161

-45.3%

92

141

-34.8%

% SALE PRICE TO LIST PRICE

97.1%

95.9%

1.3%

98.6%

94.8%

4.0%

Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

1

4

-75.0%

32

16

100.0%

TOTAL DOLLAR VOLUME

$3,800,000

$11,328,500

-66.5%

$88,957,235

$44,837,000

98.4%

MEDIAN SALE PRICE

$3,800,000

$2,644,250

43.7%

$2,433,750

$2,300,000

5.8%

$773

$729

6.0%

$731

$739

-1.1%

AVERAGE DAYS ON MARKET

31

135

-77.0%

70

78

-10.3%

% SALE PRICE TO LIST PRICE

96.0%

96.9%

-0.9%

98.2%

97.9%

0.3%

UNITS SOLD

AVERAGE PRICE PER SQUARE FOOT

ROWAYTON LUXURY HOME SALES | $2M AND HIGHER

UNITS SOLD

AVERAGE PRICE PER SQUARE FOOT

NEW CANAAN LUXURY HOME SALES | $2M AND HIGHER Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

20

30

-33.3%

171

95

80.0%

$59,050,000

$84,712,000

-30.3%

$504,890,597

$282,183,390

78.9%

$2,650,000

$2,600,000

1.9%

$2,695,000

$2,700,000

-0.2%

$446

$391

14.1%

$419

$396

5.8%

AVERAGE DAYS ON MARKET

79

147

-46.3%

94

174

-46.0%

% SALE PRICE TO LIST PRICE

98.7%

96.7%

2.1%

99.0%

94.1%

5.2%

UNITS SOLD TOTAL DOLLAR VOLUME MEDIAN SALE PRICE AVERAGE PRICE PER SQUARE FOOT

Source: Smart MLS.


LUXURY MARKET REPORT 1st QUARTER 2022

Test WESTCHESTER COUNTY LUXURY HOME SALES Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

$2,000,000 - $2,999,999

57

55

3%

420

325

29%

$3,000,000 - $4,999,999

32

23

39%

177

108

63%

$5,000,000 - $9,999,999

10

6

66%

44

24

83%

$10,000,000 and up

0

0

Not Valid

4

0

Not Valid

PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

$1,000,000 - $1,999,999

32

26

23%

105

88

19%

$2,000,000 and up

9

15

-40%

48

33

45%

GREENWICH, CT LUXURY HOME SALES Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

$3,000,000 - $3,999,999

23

35

-34%

160

136

17%

$4,000,000 - $4,999,999

19

10

90%

73

46

58%

$5,000,000 - $9,999,999

16

21

-23%

120

66

81%

$10,000,000 and up

2

4

-50%

15

15

0%

Source: Hudson Gateway Multiple Listing Service, Mid-Hudson Multiple Listing Service and Greenwich Multiple Listing Service


LUXURY MARKET REPORT 1st QUARTER 2022

Test DARIEN LUXURY HOME SALES Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

$2,000,000 - $2,999,999

7

9

-22%

80

74

8%

$3,000,000 - $4,999,999

10

4

150%

58

33

75%

$5,000,000 - $9,999,999

2

0

Not Valid

7

1

600%

$10,000,000 and up

0

0

Not Valid

0

1

-100%

Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

$2,000,000 - $2,999,999

0

3

-100%

21

12

75%

$3,000,000 - $4,999,999

1

1

0%

10

3

233%

$5,000,000 - $9,999,999

0

0

Not Valid

1

1

0%

$10,000,000 and up

0

0

Not Valid

0

0

Not Valid

Q1 2022

Q1 2021

% CHANGE

FULL YEAR 2021

FULL YEAR 2020

% CHANGE

$2,000,000 - $2,999,999

14

19

-26%

109

59

84%

$3,000,000 - $4,999,999

6

11

-45%

58

33

75%

$5,000,000 - $9,999,999

0

0

Not Valid

4

3

33%

$10,000,000 and up

0

0

Not Valid

0

0

Not Valid

ROWAYTON LUXURY HOME SALES

NEW CANAAN LUXURY HOME SALES

Source: Smart MLS.


LUXURY MARKET REPORT 1st QUARTER 2022 TOP NEW YORK LUXURY MARKETS WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER SCHOOL DISTRICT

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

SCARSDALE

17

$2,680,000

$5,000,000

HARRISON

14

$2,895,000

$8,825,000

BRONXVILLE

13

$3,595,000

$7,500,000

RYE CITY

10

$3,230,000

$7,500,000

MAMARONECK

10

$2,785,500

$7,000,000

BEDFORD

8

$3,200,000

$3,750,000

BYRAM HILLS

7

$2,710,000

$4,200,000

CHAPPAQUA

4

$2,625,000

$2,750,000

KATONAH-LEWISBORO

4

$3,325,000

$5,000,000

NEW ROCHELLE

2

$2,330,000

$2,410,000

NORTH SALEM

2

$4,875,000

$6,000,000

TUCKAHOE

1

$2,100,000

$2,100,000

IRVINGTON

1

$3,050,000

$3,050,000

PELHAM

1

$2,986,841

$2,986,841

RYE NECK

1

$4,600,000

$4,600,000

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

HALDANE

4

$1,182,500

$1,600,000

BREWSTER

3

$1,275,000

$2,000,000

CARMEL

3

$1,275,000

$2,100,000

GARRISON

1

$1,450,000

$1,450,000

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

RHINEBECK

6

$1,250,000

$1,564,300

CLINTON

4

$1,252,500

$2,775,000

PAWLING

2

$2,262,500

$3,500,000

WASHINGTON

2

$6,567,500

$12,000,000

NORTH EAST

2

$1,872,500

$2,250,000

RED HOOK

2

$2,100,000

$3,150,000

PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT/CITY/TOWN

DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT/CITY/TOWN

Source: Hudson-Gateway Multiple Listing Service and Mid-Hudson Multiple Listing Service.


LUXURY MARKET REPORT 1st QUARTER 2022 TOP CONNECTICUT LUXURY MARKETS GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER TOWN/CITY

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

GREENWICH

50

$4,485,000

$11,770,000

OLD GREENWICH

5

$4,145,000

$6,495,000

RIVERSIDE

4

$3,762,500

$5,500,000

COS COB

1

$3,100,000

$3,100,000

SOUTHERN FAIRFIELD COUNTY, CT LUXURY HOME SALES | $2M AND HIGHER TOWN/CITY

# OF SALES

MEDIAN LUXURY SALE PRICE

HIGHEST SALE PRICE

WESTPORT

47

$2,962,500

$7,500,000

NEW CANAAN

20

$2,650,000

$4,800,000

DARIEN

19

$3,450,000

$7,050,000

FAIRFIELD

7

$3,000,000

$3,700,000

WESTON

5

$2,420,500

$4,350,000

WILTON

4

$2,625,000

$2,900,000

STAMFORD

3

$2,250,000

$3,230,000

DANBURY

1

$3,600,000

$3,600,000

EASTON

1

$2,350,000

$2,350,000

REDDING

1

$2,120,000

$2,120,000

NORWALK

1

$3,800,000

$3,800,000

RIDGEFIELD

1

$2,100,000

$2,100,000

Source: Greenwich MLS and Smart MLS


LUXURY MARKET REPORT 1st QUARTER 2022 SUPPLY/DEMAND SNAPSHOT SOUTHERN WESTCHESTER COUNTY | $2M AND HIGHER AS OF MARCH 31, 2022 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

AS OF MARCH 31, 2021 SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

2022 vs. 2021 SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$2,000,000 - $2,999,999

52

106

0

90

101

1

-42.2%

5.0%

$3,000,000 - $4,999,999

59

49

1

82

42

2

-28.0%

16.7%

$5,000,000 - $9,999,999

29

9

3

42

10

4

-31.0%

-10.0%

$10,000,000 and up

3

0

Not Valid

1

1

1

200.0%

-100.0%

NORTHERN WESTCHESTER COUNTY | $2M AND HIGHER AS OF MARCH 31, 2022 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

AS OF MARCH 31, 2021 SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

2022 vs. 2021 SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$2,000,000 - $2,999,999

18

21

1

39

35

1

-53.8%

-40.0%

$3,000,000 - $4,999,999

20

10

2

25

9

3

-20.0%

11.1%

$5,000,000 - $9,999,999

17

2

9

20

2

10

-15.0%

0.0%

$10,000,000 and up

5

1

5

10

1

10

-50.0%

0.0%

PUTNAM COUNTY | $1M AND HIGHER AS OF MARCH 31, 2022 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

AS OF MARCH 31, 2021 SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

2022 vs. 2021 SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$1,000,000 - $1,999,999

16

6

3

15

8

2

6.7%

-25.0%

$2,000,000 and up

10

2

5

14

4

4

-28.6%

-50.0%

DUTCHESS COUNTY | $1M AND HIGHER AS OF MARCH 31, 2022 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

AS OF MARCH 31, 2021 SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

2022 vs. 2021 SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$1,000,000 - $1,999,999

39

17

2

50

12

4

-22.0%

41.7%

$2,000,000 and up

26

6

4

37

6

6

-29.7%

0.0%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

Source: Hudson-Gateway Multiple Listing Service and Mid-Hudson Multiple Listing Service.


LUXURY MARKET REPORT 1st QUARTER 2022 SUPPLY/DEMAND SNAPSHOT GREENWICH, CT | $3M AND HIGHER AS OF MARCH 31, 2022 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

AS OF MARCH 31, 2021 SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

2022 vs. 2021 SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$3,000,000 - $3,999,999

20

23

1

47

32

1

-57.4%

-28.1%

$4,000,000 - $4,999,999

17

15

1

30

12

3

-43.3%

25.0%

$5,000,000 - $9,999,999

42

19

2

75

34

2

-44.0%

-44.1%

$10,000,000 and up

20

3

7

21

3

7

-4.8%

0.0%

DARIEN | $2M AND HIGHER AS OF MARCH 31, 2022 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

AS OF MARCH 31, 2021 SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

2022 vs. 2021 SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$2,000,000 - $2,999,999

7

10

1

23

25

1

-69.6%

-60.0%

$3,000,000 - $4,999,999

3

6

1

15

13

1

-80.0%

-53.8%

$5,000,000 - $9,999,999

2

1

2

6

1

6

-66.7%

0.0%

$10,000,000 and up

1

0

Not Valid

0

0

0

0.0%

0.0%

ROWAYTON | $2M AND HIGHER AS OF MARCH 31, 2022 SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

$2,000,000 - $2,999,999

1

$3,000,000 - $4,999,999

3

$5,000,000 - $9,999,999 $10,000,000 and up

PRICE RANGE

AS OF MARCH 31, 2021

2022 vs. 2021

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

6

0

5

4

1

-80.0%

50.0%

0

Not Valid

0

3

0

0.0%

-100.0%

0

0

0

0

0

0

0.0%

0.0%

0

0

0

0

0

0

0.0%

0.0%

NEW CANAAN | $2M AND HIGHER AS OF MARCH 31, 2022

AS OF MARCH 31, 2021

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

$2,000,000 - $2,999,999

11

15

1

28

24

1

-60.7%

-37.5%

$3,000,000 - $4,999,999

14

7

2

29

13

2

-51.7%

-46.2%

$5,000,000 - $9,999,999

8

2

4

7

1

7

14.3%

100.0%

$10,000,000 and up

3

0

Not Valid

2

0

Not Valid

50.0%

0.0%

PRICE RANGE

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

Source: Greenwich MLS and Smart MLS.

DEMAND: PENDING SALES

2022 vs. 2021 SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS


LUXURY MARKET REPORT 1st QUARTER 2022 TEN-YEAR MARKET HISTORY WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER

PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER

Source : Hudson Gateway Multiple Listing Service.

*2022 homes sold are annualized based on actual sales year-to-date.


LUXURY MARKET REPORT 1st QUARTER 2022 TEN-YEAR MARKET HISTORY DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER

GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER

Source : Mid-Hudson and Greenwich Multiple Listing Service.

*2022 homes sold are annualized based on actual sales year-to-date.


LUXURY MARKET REPORT 1st QUARTER 2022 TEN-YEAR MARKET HISTORY DARIEN, CT LUXURY HOME SALES | $2M AND HIGHER

ROWAYTON, CT LUXURY HOME SALES | $2M AND HIGHER

Source : Smart MLS.

*2022 homes sold are annualized based on actual sales year-to-date.


LUXURY MARKET REPORT 1st QUARTER 2022 TEN-YEAR MARKET HISTORY NEW CANAAN, CT LUXURY HOME SALES | $2M AND HIGHER

Source : Smart MLS.

*2022 homes sold are annualized based on actual sales year-to-date.


A SELECTION OF

Our Luxury Offerings

G R E E N W I C H , C T · $ 1 9, 0 0 0 , 0 0 0

RYE, NY · $14,875,000

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ARMONK, NY · $6,700,000

BRONXVILLE PO/YONKERS, NY · $5,995,000

A private hilltop estate with 173-acres of

Luxurious amenities, beautiful finishes and

State-of-the-art upgrades and meticulously

countryside views of pastures and forests.

Smart home technology in a great location.

sourced bespoke finishes elevate this Tudor.

WEB #MR2998092 | 917.680.8933

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OLD G REENWI CH , C T · $ 3,9 9 5 ,000 P O U N D RI D GE, N Y · $ 3 ,9 5 0,000

GREENWICH, CT · $12,000,000

KINDERHOOK, NY · $2,950,000

Walk to the water from this classic 6+

Country compound With two-houses set

With a colorful and historical provenance

bedroom clapboard home on private lane.

in the middle of a beautifully-tended apple

now ready for today's style of modern living.

WEB# MR2998442 | 203.869.0700

orchard. WEB# MR2890162 | 914.234.9099 WEB# MR2869952 | 845.677.6161

/H O U L I H A N L AW R EN CE

@HOULIHANRE

@H O U L I H A N L AW R EN CE

H O U L I H A N L AW R EN CE.CO M


A SELECTION OF

Our Luxury Offerings

GREENWICH, CT · $10,995,000

NEW CANAAN, CT · $10,600,000 GREENWICH, CT · $10,488,000

One-of-a-kind custom designed 15,795 square Uncompromising brick & oak timbered

Ultra-stylish modern Colonial by Hawthorne

foot home is nothing short of perfection.

French/Normandy-inspired masterpiece on

WEB# MR2875672 | 203.869.0700

four acres. WEB# MR1721410 | 203.966.3507 pool. WEB# MR2898532 | 203.869.0700

GREENWICH, CT · $5,900,000

A R M O N K , N Y · $ 5 , 7 8 9, 0 0 0

Development. 5+ acres with a salt-water

W A S H I N G T O N , N Y · $ 4 , 2 9 9, 0 0 0

Renovated and expanded six-bedroom home Magnificent 12,827 square foot home on 2.42 Gated and set back from the road surroundsits atop 2.16 acres with pool, tennis near

acres with a pool, putting green and theater. ed in the peaceful countryside of Millbrook.

town. WEB# MR1727142 | 203.869.0700

WEB# MR2903632 | 914.273.9505

WEB# MR2898262 | 845.677.6161

U L S T E R PA R K , N Y · $ 2 , 8 0 0 , 0 0 0

C H AT H A M , N Y · $ 1 , 9 9 9, 5 0 0

RHINEBECK, NY · $1,950,000

Completely turnkey with movie set quality

Artisanal master craftsmanship with every

This stone and stucco Colonial is ready for

grounds, this Farmhouse is laid-back per-

modern convenience on over 45 private

family-style entertaining on every level.

fection. WEB #MR2997392 | 845.821.8069

acres. WEB# MR2760772 | 845.677.6161

WEB# MR1738303 | 845.677.6161

/H O U L I H A N L AW R EN CE

@HOULIHANRE

@H O U L I H A N L AW R EN CE

H O U L I H A N L AW R EN CE.CO M


HOULIHAN LAWRENCE PRIVATE BROKERAGE Designed expressly for our region's most exceptional properties, Houlihan Lawrence Private Brokerage offers discreet advisory and brokerage services to our valued luxury clients. Since its inception in 1990, our exclusive luxury program directed by Senior Vice President, Anthony P. Cutugno has earned a reputation for personalized boutique-style service and nuanced marketing that best serves the interests of our clientele. Known for our prudence and reliability, Houlihan Lawrence has worked with many of the area's most prominent families, charitable trusts, banks and estate trustees in facilitating the sale of the region's most prestigious properties. Based on the private banking model, Tony is personally involved in every transaction offering invaluable insight and advice honed by decades of experience in international trade and luxury real estate. What sets Private Brokerage apart is our ability to leverage Houlihan Lawrence's vast resources and impressive global partners to successfully position a property within the international marketplace. With a reach that extends to 6 continents, Houlihan Lawrence Private Brokerage understands the world of luxury and has cultivated relationships with international partners and high net-worth clients across the globe. These world-class connections supported by the personal oversight of Tony and his Private Brokerage team create a powerful combination that drives results year-after-year.

914.234.0308

HOULIHANLAWRENCE .COM


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