Found 3 blog entries for December 2015.
Sales volume is up approximately 16% in 2015 but the same amount of properties traded as in 2014, which is likely due to a combination of ultra luxury sales and an increase in values. There have been 30 sales this year over $10M. The average price for a single family home in Aspen is up 22.9% to over $7M, however the average price for townhomes/condos is nearly flat. Land prices have also increased with a surge in new development as developers jump back into the market.
Stay tuned for our full 2015 analysis.
New residential property shop in San Francisco: Engel & Völkers continues to expand
HAMBURG, GERMANY (December 10, 2015) - The opening of a new residential property shop in the Californian city of San Francisco brings the total number of Engel & Völkers locations to 700 worldwide. “We are delighted about the large international presence of the Engel & Völkers brand and will continue to focus on our strong growth. The USA and the whole of North America are particularly important markets for us in strategic terms”, explains Sven Odia, CEO of Engel & Völkers AG. The new residential property shop is located in The Castro, a district that has many of the Victorian houses that typify San Francisco. From there, the 30-strong team sell residential property…