Market Offering Abundance Of Ultra-Luxury Properties
Number of For-Sale High-End Homes Rises Sharply; Sales Plummet as a Result of the Increase in Supply
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| High-end single-family home sales have dropped 10 percent from January through May. This Colonial-style dwelling featuring a gourmet kitchen in Hingham’s Kress Farm is currently available for $1.95 million. |
By Aglaia Pikounis
Buyers of ultra-luxury homes in Massachusetts are finding the keys to some good deals. Real estate brokers say the number of high-end homes available for sale has ballooned over the last year, putting buyers in a better bargaining position.
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