Coldwell Banker Global Luxury released their annual review of luxury real estate, The Report, yesterday. The 2018 edition of The Report listed Maui as a top five luxury buyer “Power Market.”
According to the real estate company, The Report serves as a guide for international high-end property buying and selling, offering industry intelligence and insights from agents in many established and unexpected luxury markets. The Report profiles nearly 65 “Power Markets” where affluent buyers are flocking for lifestyle and culture. From these power markets, The Report identifies the top 10 power markets for buyers and sellers based on data from the top 5% and 10% of active and sold listings in 2018.
The island of Kaua’i also made the top five list of luxury buyer “Power Markets.” The other locations on the list are Palm Beach, Fla., Washington DC, and Brooklyn, NY. The list of top five luxury “Power Markets” for sellers includes LA Valley, Calif., Detroit, Mich., Las Vegas, Nev., Boulder, Colo., and Raleigh, NC.
More information on The Report can be found online.