Concierge Auctions continues to showcase the effectiveness of its platform in the upscale New York real estate market, with successful auctions in New York City, The Hamptons, Southampton, and more. Thus far in 2021, 38 auctions have transpired in the state of New York.
The recent release of Concierge Auctions’ fifth-annual “U.S. Luxury Homes Index”—an analysis of the 10 highest property sales in 56 high-end markets around the U.S.—found the top 10 luxury homes in the Hamptons marketplace lingered on the market for an average of 887 days. Of these top 10 luxury homes, all took longer than 180 days to sell, and achieved an average of 60.03% of the original list price.
Looking back at our success in The Hamptons, highlights include The Chequit Inn, a critically acclaimed boutique hotel and one-of-a-kind retreat. With 3 spacious buildings, 36 bright and airy guestrooms, event and meeting spaces, a luxurious lobby, and restaurant, there’s nothing left for guests to desire. This highly publicized hotel has been featured in countless publications, including Vogue, Hamptons Magazine, and The New York Post. Previously offered for $9 million, the property sold after an active auction on March 27, 2020.
The global exposure generated in 33 days by Concierge Auctions in cooperation with listing agent Michael Gembecki of Cushman & Wakefield resulted in over 21,000+ website/page views from 64 countries—led by the United States, Canada, and United Kingdom—9000+ prospects and 15 showings.