Luxury Trends November with Chris Doucet

THE LUXURY DIVISION Recent significant sales  with Compass 15 Del Mar, Newport Coast, CA Sold for $61,000,000 Represented by Rob Giem Fredericksburg, TX Sold for $17,000,000 Represented by Gary and Michelle Dolch 23 Ezekillis Holw, Sag Harbor, NY Sold for $14,500,000 Represented by Matt Breitenbach and Christine Resnick 340 Stanwich Road, Greenwich, CT Sold for $8,650,000 Represented by Michael Ferraro Compass luxury in the news This $29 Million NYC Condo Has a Secret Garden The Size of a Small Park Manhattan real estate developer  Aby J. Rosen has constructed the residences at 100 East 53rd Street not only as a showplace for some of his pieces but as the ideal gallery for homeowners who also appreciate fine art. Represented by Leonard Steinberg. Former U.S. Ambassador Buys Montecito’s Historic Erdman House for Millions Over Asking Santa Barbara real estate is hot right now, especially for properties with lots of land or historic pedigrees. Montecito’s so-called Erdman House has both. Represented by Susan Pate. Read more What we are hearing  in  the luxury space  The luxury real estate market continues to march to the beat of its own drum. When stocks tanked in March, U.S. luxury home prices were still up a little more than 1% over the prior year, and they’ve only grown since. As of June, the most recent figures show the median price for the top 5% of luxury real estate had appreciated 3% from the start of the year despite high unemployment and prevailing economic uncertainty. Luxury brands have seen promising success with personalized virtual shopping experiences. In an effort to generate greater customer satisfaction, especially during a virtual world, e-commerce applications have seen that conducting live online shopping events and consultations can boost sales of a certain luxury product by upto 400 percent. China's number of billionaires under the age of 40 has surged in 2020 due to an ongoing tech boom, despite the global pandemic. Of the 60 billionaires in China under the age of 40, 14 of them joined the club for the first time in 2020, as a tech-fuelled stock market grew and a slew of IPOs paved the way for wealth growth amid the coronavirus downturn. Spotlight on luxury  across the country Hamptons Seeking a Safe Haven  Beyond the Summer Months In the world of luxury real estate, the Hamptons market traditionally flourishes in summer months and experiences a slight chill in the autumn. This year however, activity on the East End is a year-round affair as top-of-the-market buyers are attracted to some of the nation’s most desirable properties and the unique lifestyle the area offers, as indicated by sales volume spiking 341% from this time last year. Reaching New Heights in an Unprecedented Year One top Hamptons team, having joined Compass just months before the pandemic hit, has embraced change with particular success. This month, the CeeJackTeam isn’t just celebrating one year at Compass – they’re celebrating 70 closed transactions, 157% business growth, and a lot more to come. Read more Prestigious properties o n the market 25354 Prado De La Felicidad Calabasas, CA 91302 Striking contemporary-style residence whose French Modern exterior shines in exclusive celebrity enclave. Represented by Tomer Fridman.  8 Beds | 14 Baths $37,999,999 235 Middle Neck Rd Sands Point, NY 11050 Notable Sands Point estate that celebrates the best of waterfront living for the 21st century. Represented by Alana Mitnick Benjamin.  14 Beds | 8 Baths | 1 Half Bath $12,900,000 16401 Matilija Dr Los Gatos, CA 95030 Custom Paul Conrado masterpiece  boasts 180-degree views of the S F  Bay and Silicon Valley.  Represented by Nevis and Ardizzone Team.  5 Beds | 5 Baths | 3 Half Baths $13,808,000 2 Hidden Hill Westport, CT 06880 Fabulous beach home that's a masterful blend of contemporary and timeless, casual and formal, sexy and glamorous. Represented by Karen Scott.  7 Beds | 8 Baths | 1 Half Bath $4,995,000 See more properties Spotlight on  New Development The Symon 76 Schermerhorn Street Brooklyn, New York 11201 Welcome to The Symon, a new boutique condominium at the cross roads of historic Brooklyn Heights and trendy Downtown Brooklyn. Located a half-block from the Brooklyn Heights Historic district and adjacent to Downtown Brooklyn, The Symon offers access to destination cultural venues: The Brooklyn Academy of Music, Barclays Center, the Brooklyn Bridge Park, The Promenade, numerous educational institutions, proximity to 13 subway lines, and conveniences ranging from Apple, Equinox to Whole Foods and Trader Joe’s and an array of beloved local establishments.  Immediate Occupancy Learn more Stay up to date with Compass' latest luxury listings and news at LuxuryAtCompass.com. Visit the site Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. marketingcenter-greaterseattle-seattle

CURATED • OCTOBER HOMES ACROSS THE STATES WITH CHRIS DOUCET (Copy)

October 2020 Welcome to Compass Curated, a collection of our most prestigious properties across the country, delivered to your inbox each month. Luxury News New Home Construction Stays Positive For the second month in a row, new home builder sentiment reached a record high, according to the NAHB/Wells Fargo Housing Market Index. Both September and October saw index numbers above 80. For reference, an index above 50 is considered positive and the index stood at 71 this time last year. Homes Sell At Fastest Rate Ever As reported by CNBC as of September 2020, homes spent an average of 54 days on the market, the shortest average time ever recorded. Compared to averages this time last year, homes in the Northeast spent 13 days fewer on the market, while those in the South spent 11 days fewer, 9 days fewer in the Midwest, and 7 days fewer in the West. Luxury Home Sale Spike In the third quarter of 2020, luxury property sales spiked 41.5% compared to this time last year. As defined by Mansion Global, luxury is considered the top 5% of listings by price in the nation's 49 most populous metro areas. Stay up to date with Compass' latest luxury listings and news at LuxuryatCompass.com Visit Now Chris Doucet Founding Broker in Seattle M: 206.819.4663 chris.doucet@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. marketingcenter-greaterseattle-seattle

CURATED • SEPTEMBER HOMES ACROSS THE STATES WITH CHRIS DOUCET

September 2020 Welcome to Compass Curated, a collection of our most prestigious properties across the country, delivered to your inbox each month. Luxury News "Zoom Towns" Boom Coined by NPR, "Zoom Towns" are described as "housing markets that are booming as remote work takes off." Forbes reports that some two million renter households may now be in the market for home ownership because they are able to telecommute. "Revenge Buying" Post Pandemic Being seen across Asia & Europe, "revenge buying" is splurge spending by wealthy consumers following a period of being unable to shop. Luxury brands across Asia & Europe have seen soaring and even record sales as boutiques and shopping centers reopen, according to CNBC. Housing Equity Rises In Second Quarter According to a new report by CoreLogic, U.S. homeowners with mortgages witnessed a 6.6% year-over-year increase in their home equity in the second quarter of 2020, representing a cumulative gain of $620 billion for the nation. Stay up to date with Compass' latest luxury listings and news at LuxuryatCompass.com Visit Now Chris Doucet Founding Broker in Seattle M: 206.819.4663 O: Enter Office Phone chris.doucet@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

Market Stats for August 2020 have arrived! Chris Doucet - Compass

The Real Estate Market is hot with these #MarketReports from the NWMLS. See how this year compared to last year.

#CompassConcierge #CompassPNW @compasswashington

King County Report

Snohomish County Market Report

Pierce County Market Report

Skagit County Market Report

Whatcom County Market Report

September Compass Luxury Trends with Chris Doucet

THE LUXURY DIVISION Recent significant sales  with Compass 555 N Tigertail Rd,  Los Angeles, CA 90049 7 Bed 8 Baths 1 Half Bath $16,500,000 Represented by  Jonathan Carr and  Ari Afshar 630 Spring Creek Rd,  Basalt, CO 81621 6 Bed 5 Baths 3 Half Bath $9,300,000 Represented by Doug Leibinger 887 Private Rd, Winnetka, IL 60093 4 Bed 6 Baths 1 Half Bath $5,500,000 Represented by Paige Dooley Compass luxury in the news $30 million Mediterranean-style mansion on the tip of Tiburon has jaw-dropping views over the bay The tiny, tony community includes homes in both Belvedere and Tiburon and given those high-end locales, it shouldn't be surprising that it's also home to the second-oldest yacht club in the country. It has less than 60 homes. Penthouse at Miami’s Porsche Tower Lists for $17.5 Million A futuristic penthouse apartment within Florida’s Porsche Design Tower, complete with a private car elevator and a four-car sky garage, hit the market Monday with a $17.5 million price tag. Christopher Plummer’s old Darien estate hits market for $11M The massive waterfront estate at 207-209 Long Neck Point Road is “the perfect escape for a New York family seeking refuge during the pandemic,” said Compass broker Yashmin Lloyds, who is listing the home with Shelly Tretter Lynch, also of Compass. Read more What we are hearing  in  the luxury space  The growth of wealth and the global luxury market are intertwined. In the 15 years running up to 2020, the world’s wealthy population grew in size almost continuously. As wealth grew, so too did the world of luxury. The coronavirus pandemic, however, has brought years of industry growth to a halt.  Ultra-high-net-worth owners of private jets, yachts, or art collections are different from one another. Private jet owners tend to be male, less wealthy and comparatively younger than the other two cohorts on account of many being in the business-building stage of their lives. Private yacht owners show the highest average net worth, while most art collectors are over 70 and show a much higher representation of  women, at 22%. The pandemic is changing the luxury habits of the wealthy.  The growth of online shopping and delivery, enabling luxury services to be provided in the privacy of the wealthy’s homes, will continue, while intangible assets – namely additional passports and on-demand healthcare – will remain a priority. To prosper in such times, luxury brands must be flexible, quick moving and as attentive as ever to the changing demands of their clientele. Source: WealthX Global Luxury Outlook 2020: A World of Changing Preferences  Continue reading Spotlight on luxury  across the country Napa, California Just a short drive from the country’s technology hub of San Francisco and the larger Silicon Valley lies a region perfect for viticulture and year round indoor-outdoor living. From Napa to Healdsburg, Northern California’s wine country has earned its reputation for easy living amidst rolling hills and vineyards. Read more Prestigious properties o n the market 15 W Dune Lane, East Hampton, NY 11937 Designed by Robert Stern the oceanfront property features an 8,000 sqft house with a waterside pool on 2.4 acres. Represented by  Ed Petrie and James Petrie.  14 Bed 15 Baths 1 Half Baths $75,000,000 1288 S Oakland Avenue,  Pasadena, CA 91106 This majestic mansion offers a once-in-a-lifetime opportunity for new owners to complete the interior of Pasadena's finest estate. Represented by  Sabrina Wu,  Aaron Kirman, and  Bryce Lowe.  16 Bed 16 Baths 3 Half Baths $39,800,000 435 Marina Boulvard, San Francisco, CA 94123 Juxtaposed against SF's most iconic backdrop, 435 Marina Blvd stands out as a showpiece of coastal modern design. Represented by  Camilla Moshayedi.  5 Bed 7 Baths  $25,000,000 See more properties Stay up to date with Compass' latest luxury listings and news at LuxuryAtCompass.com. Visit the site Chris Doucet Founding Broker in Seattle M: 206.819.4663 O: Enter Office Phone chris.doucet@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.