Coldwell Banker Lifestyles has grown from one office in New London back in 1939 to 11 today and is recognized as one of Coldwell Banker brand’s most successful independently-owned and operated affiliated companies. The company is the dominant real estate company in the Upper Valley, selling more homes than any other brokerage since 2017. One of the reasons for this success is the power of the Coldwell Banker Global Luxury program.
The Coldwell Banker Global Luxury program propelled Coldwell Banker to sell more than 32,600 U.S. properties over one million dollars at last count, more than any other brand. In just the last three years, Coldwell Banker Global Luxury Certified Property Specialists have sold some of the highest-priced U.S. homes including four that topped $120 million.
“While we may not be Beverly Hills, we have a vibrant and well-known luxury market that requires experience and sophistication,” said Stefan Timbrell, Principal Broker of Coldwell Banker Lifestyles. “We have several Coldwell Banker Global Luxury Certified Property Specialists who take great pride in how we present, market and showcase exquisite homes in the Upper Valley to potential buyers in the region and beyond.”
Timbrell pointed out Coldwell Banker Global Luxury listings benefit from robust marketing and international reach. Through ColdwellBankerLuxury.com, properties are shared on such affluent web sites as JamesEdition, Robb Report, The New York Times, The Wall Street Journal, Barron’s and Bloomberg along with nearly 100 international sites in more than 60 countries around the world.
The Coldwell Banker Global Luxury program is valuable in the Upper Valley where there were 61 home sales over one million dollars last year, up 53% over 2020. The average luxury home sales price in the Upper Valley last year was $1.69 million with the highest sale coming in at $6.89 million. The number of homes sold in the Upper Valley at two million dollars and above jumped from five in 2020 to eleven last year, a sure sign that the luxury market is thriving in the Upper Valley!
“The pandemic sped up demand for Upper Valley luxury homes because of its beauty, charm and lifestyle,” said Joe Burns, Partner of Coldwell Banker Lifestyles. “The sale of homes priced at one million dollars and above has been fueled by those who vacated urban living in Boston, New York, Los Angeles and other metropolitan areas. Not only is the number of sales dramatically higher, but so is the pace of the affluent market. Last year it took an average of 63 days to sell a home priced at one million dollars and above. It was 136 days in 2020.”
A Coldwell Banker Lifestyles Luxury Property Specialists is ready to provide your home with the worldwide exposure it deserves. Call them today to get started: 603.643.6406.
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