LUXURY A YEAR OF +
2021 was a record year for luxury – not only for real estate, but also for art and luxury goods in various categories.
$150M
Here are some highlights by the numbers.
68 DAYS
The total dollar value of NFTs (non fungible tokens) sold by Christie’s art and luxury goods business in 2021.
The average days on market for a home that sold for $1 million and above last year in the Chicago area. To put that in perspective, that average was 159 days in 2020.
$7.1B
Christie’s total art and luxury goods sales in 2021. This marked a 54% increase from 2020 and the highest sales total for Christie’s in the last five years. Among the most notable works was Picasso’s Femme assise près d’une fenêtre (Marie-Thérèse), which sold for a whopping $103.4 million.
101 SALES
The number of Chicago-area home sales that topped $4 million in 2021. That’s more than double the number of $4 million-plus sales in 2020, indicating the strength of the uber- luxury market.
$12,550,000
$515,416
The Chicagoland area’s highest-priced residential sale in 2021, represented by @properties Christie’s International Real Estate agent Debra Dobbs. Located on a prime street in Lincoln Park, the single-family home boasts a number of amenities you rarely find in the city. 8,000 square feet of space? Check. 90-foot-wide lot? Check. Paved basketball court? Check. Professionally landscaped yard reminiscent of the suburbs? Check!
The price of what is now the most valuable handbag ever sold at auction: an Hermès Himalaya Diamond Kelly 28 sold by Christie’s last year in Hong Kong.
$375,000
The amount a buyer paid for Michael Jordan’s game-worn and signed Air Jordans. Sold by Christie’s, the Nike sneakers were worn during Jordan’s last regular season game of the Chicago Bulls’ Last Dance championship season.
Residential sales data courtesy of MRED/ Broker Metrics LLC; Auction sales figures courtesy of Christie's.
9 // ASPIRE
8 // ASPIRE
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