Luxury real estate is defined differently across different markets, as property values, median resident income, and area development vary widely depending on the metro area.
For example, the Los Angeles area has a significantly higher top end of the market and a higher cutoff point for buyers to afford these properties compared to smaller markets like Oklahoma City.
“Luxury is the quality of the build, the location of a home, the magnitude of a property—but it is also very personal,” says Lisa Gild, an associate partner with Partners Trust. She elaborates further here.
“To some, luxury is privacy with sweeping city views, and to others, it’s living on the ocean with a private beach. Some define ‘luxury’ as a smart home fully wired with every high-tech gadget, and others would interpret ‘luxury’ as an architecturally significant Mid-Century Modern home.”
Location quality, price, and amenities are what most look for when thinking of a Luxury Home.
Primary areas in Contra Costa County include but are not limited to Orinda, Alamo, Danville, and Lafayette.
Here at Cal State Realty Services, we have you in mind when you're looking for a Luxury home in the Contra Costa East Bay Area.