Sotheby's London Sale Achieves White-Glove Results With 100% of Lots Sold

Sotheby's London Sale Achieves White-Glove Results With 100% of Lots Sold

Nov 26, 2024

Curating the very best-in-class, we are pleased to announce the success of this evening’s ‘Exceptional Global Properties’ sale at Sotheby’s London. From the esteemed Sotheby's London saleroom, the auction streamed live to the world on conciergeauctions.com and sothebys.com. Notably, the sale achieved impressive white-glove results, with 100% of lots sold and over US$180 million in aggregate bids placed. 

Held as part of Sotheby's ‘The Luxury Sales,’ a series spanning Hong Kong, Geneva, London, Paris, and New York, properties were on public view at Sotheby’s New Bond Street location, displayed alongside fine art, jewelry, watches, designer handbags, and more.

Headlining the evening sale was ‘Singing Trees’, a 2.27-acre legacy lodge-style estate in Wilson, Wyoming offering breathtaking Grand Teton views and unmatched opportunities for outdoor enjoyment, just minutes from Grand Teton National Park and Yellowstone National Park. The property saw an impressive 9 bidders competing, achieving a final sale price of US$9.408 million in cooperation with Meredith Landino of Jackson Hole Sotheby's International Realty.

“The success of our London showcase further solidifies our position as a leader in the luxury real estate market,” said Krystal Aeby, President of Sotheby’s Concierge Auctions. “The exceptional properties we featured, combined with the strong interest from a global pool of buyers, demonstrates the power and effectiveness of our auction platform.”

Facts & Figures from the Auction

– White-glove results, with 100% sell through rate 

– Over US$180 million in aggregate bids placed

– 68% increase above average Starting Bid prices achieved

– Competitive bidding and participation from 26 property connoisseurs across 14 US states: California, Colorado, Connecticut, Florida, Kentucky, Massachusetts, Michigan, Nevada, New Hampshire, New York, Ohio, Texas, Washington, and Washington D.C. 

Further Auction Highlights:

‘2nd Chance Ranch,’ a sprawling 50-acre estate spanning two parcels located at 9141 Mountain Ranch Road and 31652 Shadow Mountain Drive in Conifer, Colorado, including a main residence, guest house, and state-of-the-art equestrian facilities, and more, saw 10 bidders competing for a sale price of US$3.808 million, in cooperation with co-listing agent Emily Henderson of LIV Sotheby’s International Realty

‘Osprey House,’ a distinguished coastal residence located at 41 Salt Works Way in Falmouth, Massachusetts, designed by architect Chris Gully and offering uninterrupted views of the Bay within prestigious Saconesset Hills, saw 10 bidders competing for a sale price of US$4.2 million in cooperation with Kerrie Marzot of Sotheby’s International Realty - Falmouth Brokerage.

As part of Sotheby’s Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing will result in the funding towards new homes built for families in need.

Concierge Auctions is currently accepting consignments for its inaugural auction with RM Sotheby's at Arizona Car Week in Phoenix and its 'Visions of America' auction at Sotheby’s New York, both taking place in January 2025.