December 2nd Weekly King County Market Watch NW with Chris Doucet

Following the holiday week, market activity in King County experienced an anticipated decline compared to the previous week. Active listings saw a slight dip, aligning with traditional seasonal trends, and the number of homes sold also decreased. Despite a significant 59.7% drop in new listings, the number of days on the market remained steady, while the median active and sold price held stable, reflecting ongoing buyer engagement in the market. Contact me today to set up a consultation in person or virtually to learn more about market conditions, Compass Concierge, and how I can leverage our nationwide network to source buyers to sell your home for more money.

Chris Doucet Founding Partner in Seattle M: 206.819.4663 chris.doucet@compass.com

Compass is a licensed real estate broker. All material is intended for informational purposes only and 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 or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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Luxury Trends | November 2024 | Chris Doucet

Magnus Walker on His Visionary Downtown LA Warehouse Magnus Walker's visionary warehouse in LA’s Arts District is more than just a space—it's a living work of art that embodies his eclectic style and passion for adaptive reuse. In this exclusive Q&A, Walker reflects on the building's transformation, its unique role in the film industry, and the endless potential it holds for its next creative owner.

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SIGNIFICANT SALE Compass Agent Susie Park Brings the Buyer for This $88M La Dune Compound The unkown buyer has agreed to pay art magazine publisher Louise Blouin $79 million at auction. Photo Credit: Sothebys READ MORE

SPOTLIGHT Loraloma: A Generational Opportunity to Embrace Luxury Hill Country Living Nestled in the heart of Texas Hill Country, where the Pedernales and Colorado Rivers converge, lies Loraloma—a transformative development by Areté Collective that is redefining the standard of refined living. READ MORE

MIDTOWN CENTRAL, NY Positioned at the perfect elevation over Central Park with jaw-dropping unobstructed views to the north and incredible exposures onto iconic towers to the south. View Property>> BOULDER, CO Meticulously crafted, masterfully built, and expertly curated, this custom home is a true masterpiece, perfectly situated on a premier lot in the exclusive Carolyn Heights neighborhood. View Property>> CHELSEA, NY A rare combination loft spanning nearly 6,000 SQ FT in The Spears Building, one of West Chelsea’s original full-service condo buildings. View Property>> CHICAGO, IL Remarkable opportunity to acquire full floor Park Tower penthouse delivering panoramic 360 degree views. View Property>> WATER MILL, NY A rare opportunity to live in a secluded, published work of modern art, in a hidden private enclave. View Property>>

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Chris Doucet Founding Partner in Seattle M: 206.819.4663 chris.doucet@compass.com

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LUXURYATCOMPASS.COM

Compass is a licensed real estate broker. All material is intended for informational purposes only and 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 or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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CURATED • JANUARY 2021 HOMES ACROSS THE STATES WITH CHRIS DOUCET

January 2021 Welcome to Compass Curated, a collection of our most prestigious properties across the country, delivered to your inbox each month. Luxury in the News Jump In "Million-Dollar Cities'' According to Mansion Global, the number of United States cities where the cost of a typical home is $1 million dollars shot up 17% in 2020. There are now 312 so-called "million-dollar cities" in the United States, 45 more than a just one year ago. US Sees Record Number Of Record Sales In 2020 The luxury real estate market throughout the United States was constantly setting records in 2020. Robb Report rounded-up the most expensive properties sold from coast to coast during 2020, with the top 4 all clocking in at $100 million or more. Technology Hubs To Fare Well In 2021 As a result of the current pandemic, technology companies with the ability to support a local yet remote workforce will drive the real estate market in 2021. Forbes reports that cities with these characteristics like Sacramento, San Jose, Boise, Denver, and Seattle are poised to see growth throughout the coming months. 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 2021 ¦ 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

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