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christie’s education

How long does it take to sell a luxury home in the world’s top cities?

Luxury homes on average took 195 days to sell in 2015 across our surveyed prime property markets, an overall 23% decrease from the year prior In the majority of our surveyed markets, days on the market for luxury properties fell or remained constant in 2015 as compared to 2014. The average days on market for prime property worldwide was 195, a 23 percent drop from…

What price constitutes “luxury” around the world?

>> Download the full report. << A survey of real estate specialists in more than 100 property markets across the globe reveals an enormous difference in where the starting price for a “luxury” home begins. Brokers reported luxury prices ranging from under $1 million in Palm Springs to $10 million in Monaco. The starting benchmark for a luxury home around the world varies considerably, and…

Global Luxury Residential Real Estate Market: New 2016 Report

>> Download the full report. << Global Luxury Residential Real Estate Market: New 2016 Report From prime to ultra prime and beyond, the narrative surrounding international luxury real estate markets has become more and more complex over recent years. Amid an increasingly divergent backdrop of influences, the world of prime real estate continues to evolve alongside the…

Provaltur’s First referred work of art goes to Auction at CHRISTIE’S!

  With great emotion we explored the E-Catalogue of the next Latin American Art Auction scheduled for Wednesday 25 – Thursday 26 May 2016 . A painting referred by Provaltur International will be auctioned for the first time. Painting of Jose Justo Montiel below. We hope that this particular event will open the door to those Dominican…

HOW to MARKET A ONE-OF-A-KIND HOME in THE GLOBAL LUXURY MARKET

  For the right buyer, a luxury home with an unusual feature—a circular floor plan or a dramatic cliffside perch, for instance—can lead to love at first sight. But in marketing a singular luxury estate to an increasingly global and diverse audience, highly distinctive attributes can be challenging to present in just the right way….

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