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Celebrities selling their homes: Stars on the market

Press coverage 16 December 2024 Summary of published coverage
Celebrities selling their homes: Stars on the market

A round-up of high-profile listings found celebrity vendors repeatedly cutting price expectations, including Michael Jordan’s Chicago mansion selling for US$9.5 million after 13 years against an initial US$29 million ask, and Travers Beynon reducing his Queensland compound by more than $5 million. PIPA chair Nicola McDougall said prominent owners were not shielded from market conditions and faced unusually small buyer pools, so pricing had to reflect demand.

Reported by

Sarah Petty, news.com.au, 16 December 2024

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