$25 million price cut in Beverly Hills
According to this American Luxury article, billionaire (and I am old enough to remember when a billion was a lot of money) Steve Wynn has cur the price of his Beverly Hills mansion by $25 million – to “only” $110 million – clearly a bargain.
“The house’s living spaces span over 27,000 sq. ft. across three levels, with eleven bedrooms and at least fifteen baths in all. The interiors recall a high-end hotel, with grey-black trim on white walls, marble and carpeted floors, and backlit tray ceilings appearing throughout.
The home’s spaces include a great room with blue trim, blue pattern carpet, a glamorous chandelier and a marble fireplace surround, a formal dining room in beige tones with a similar fireplace, and a living room in dark red. Amenities include a wine cellar, gym and home theater.
The mansion’s outdoor living areas are a highlight of the design, with upper and lower terrace and balcony space, and a pool and pool house.
The wine cellar’s not too shabby, either.
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Andrew Oliver
Sales Associate | Market Analyst | DomainRealty.com
REALTOR®
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.AndrewOliverRealtor.com
www.OliverReportsFL.com
New Listings week ending January 29
Just a dribble of New Listings:
Click on these links for the New Listings:
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings
Lynn New Listings
These tables show that inventory is greatly reduced from a year ago, when levels were already low:
And read these recent articles:
Marblehead record $7 million sale
How Marblehead’s 2021 Property Tax Rate is Calculated
Essex County 2021 Residential Property Tax Rates: Town by Town guide
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of Oliver Reports . He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Sale, Beverly, Lynn and Swampscott.”
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReports.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Open Houses before the storm
Here are this weekend’s Open Houses. Be aware that with such low inventory, many new listings receive offers before the weekend Open Houses.
This list will be updated on Sunday morning (because of the quirks of MLS some of the Sunday Open Houses don’t show up on Saturday.) (more…)
OliverReports.com is now OliverReportsMA.com
With the pending publication of a sister site, www.OliverReportsFL.com, covering the market in Southwest Florida from Naples to Fort Myers, www.OliverReports.com is now OliverReportsMA.com.
During the migration this morning’s post on New Listings disappeared into cyberspace. I shall republish it on the new site.
All being well, if you type in OliverReports.com you will automatically be forwarded to the new site.
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
REALTOR®
www.OliverReportsMA.com
Andrew.Oliver@SothebysRealty.com
Sales Associate | Market Analyst | DomainRealty.com
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.OliverReportsFL.com (coming soon)
New Listings mid-week January 27
New Listings remain at the dribble level in a market with an ever smaller inventory
Marblehead New Listings
Swampscott New Listings
Salem New Listings
Beverly New Listings
Lynn New Listings
These tables show that inventory is reduced from a year ago, when levels were already low:
And read these recent articles:
Marblehead record $7 million sale
How Marblehead’s 2021 Property Tax Rate is Calculated
Essex County 2021 Residential Property Tax Rates: a Town by Town guide
Conforming Mortgage Loan Limits raised for 2021
If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.
“If you’re interested in Marblehead, you have to visit the blog of Mr. Andrew Oliver, author and curator of Oliver Reports . He’s assembled the most comprehensive analysis of Essex County we know of with market data and trends going back decades. It’s a great starting point for those looking in the towns of Marblehead, Sale, Beverly, Lynn and Swampscott.”
Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReports.com
Andrew.Oliver@SothebysRealty.com
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated
Andrew Oliver
Sales Associate | Market Analyst | DomainRealty.com
REALTOR®
Naples, Bonita Springs and Fort Myers
Andrew.Oliver@DomainRealtySales.com
m. 617.834.8205
www.OliverReportsFL.com (coming soon)
Open Houses Sunday January 24
As usual, there are rather more Open Houses today than were shown in yesterday’s list: (more…)
Shaq sells his Florida mansion – at last!
According to Mansion Global,” retired NBA star Shaquille O’Neal has finally scored a buyer on his Windermere, Florida, megamansion—one of the largest homes for sale in the Sunshine State.”
A listing for the 31,000-square-foot waterfront home, which comes with a full-sized indoor basketball court and a 17-plus car showroom, was updated Friday to say the sale was pending.
The Mediterranean-inspired contemporary home sprawls across a four-acre property within the Isleworth Golf and Country Club and has 12 bedrooms and 15 bathrooms.
Like many other parts of Florida, Orange County—where Windermere is located—saw a banner 2020, as many home buyers, spurred by the Covid-19 pandemic and record-low mortgage rates, entered the market.
The final sale price won’t be public until the home closes, but the megamansion was last asking $16.5 million, about 40% less than its original $28 million asking price.
Andrew Oliver
Sales Agent
REALTOR®
Domain Realty
Naples, Bonita Springs and Fort Myers
www.domainrealty.com
Market Analyst | Team Harborside | teamharborside.com
Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
www.OliverReports.com
Andrew.Oliver@SothebysRealty.com
New Listings week ending January 22
Just a dribble of New Listings: (more…)
Open Houses weekend January 23/24
Here are this weekend’s Open Houses. Be aware that with such low inventory, many new listings receive offers before the weekend Open Houses.
This list will be updated on Sunday morning (because of the quirks of MLS some of the Sunday Open Houses don’t show up on Saturday.) (more…)
New Listings on Inauguration Date
New Listings remain at the dribble level in a market with an ever smaller inventory (more…)
Salem Housing Market 2020 Review
The median Single Family Home (SFH) price in Salem in 2020 increased 13.6% to $490,000, while the median condo price was 8.5% higher at $385,000. Despite the big jump, Salem was one of only 8 of the 34 cities and towns in Essex County to have a median SFH price under $500,000 in 2020.
For a more detailed report go to Team Harborside’s website: Salem 2020 Review (more…)
Open Houses Sunday January 17
As usual, there are rather more Open Houses today than were shown in yesterday’s list: (more…)
Beverly Housing Market 2020 Review
The median Single Family Home (SFH) price in Beverly in 2020 increased 8.7% to $560,000, while the median condo price was 9.2% higher at $355,000.
For a more detailed report go to Team Harborside’s website: Beverly 2020 Review (more…)
Swampscott Housing Market 2020 Review
After a low first quarter the median Single Family Home (SFH) price was consistently in the low $600,000s for the rest of the year.
For a more detailed report, including details of how the new Fisherman’s Watch condo units impacted the median price, go to Team Harborside’s website: Swampscott 2020 Review (more…)
New Listings week ending January 15
Just a dribble of New Listings: (more…)
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