In this report we present the first ever global assessment of ultra-prime residential markets. We have reviewed market data across the world to confirm the true extent of the world’s top tier residential locations. We conclude that there are 17 markets which can be described as truly ultra-prime. Our definition being locations where there are at least three transactions over $25 million each year, over the past three years. To provide a rounded assessment of each market we explore what makes each location so desirable and able to command ultra-prime pricing. Where possible we have mapped sales from the past three years. The locations identified can be segmented into three market types: cities; second home destinations; and ski resorts. The data confirms that London takes top spot for the number of transactions above $25 million, over the most recent full three year period, with Hong Kong holding top spot for highest prices achieved and average price for transactions in this segment of the market.

the-global-ultra-prime-market-2019-1551983296.pdf

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