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Early last week NAR released the national numbers for July sales. Overall sales saw a large drop 27% from June and 25% year-over-year from July 2009. While the pundits debate whether the sharp drop in overall sales was a meaningful indicator of market activity or just a product of the expiration of the home-buyer tax credit and artificially time-shifted demand, they all seem to have missed the fact that while overall sales were sharply down, sales in the $1M+ price segment were UP in every region across the country and more than 6% nationally:

"Luxury homebuyers have been buying this summer," said Laurie Moore-Moore, CEO of The Institute for Luxury Home Marketing (ILHM). "After waiting in the wings, many affluent buyers spent the summer shopping for value and snapping up trophy properties."
Statistics would indicate that she's right. According to The National Association of Realtors (NAR), for 2009 million-dollar and above home sales were just 1.2% of total sales or about 61,500 sales nationally. In July 2010, million dollar plus market share was up to 1.9%. While sales of homes in the $500,000 and above range rose dramatically in June, the million-dollar-plus market segment was the only price range in July showing positive growth compared to last year. "The mix of what is selling has shifted in favor of homes priced at $750,000 and above," added Moore-Moore.
It is likely that the 0.7% increase in the national median sale price for July was largely function of this increase sales at the upper end as opposed to growing price strength in the lower-priced segments of the market.
Bottom line:
The luxury segment is outperforming the market overall, and this is a good news story that needs to be told!
Steve Eckhardt, Broker, Luxury Real Estate Professional
Contact me at (813) 765-1182
Check Out Steve Eckhardt's Other Social Networking Profiles
Facebook http://www.facebook.com/CornerstoneProperties
Twitter http://www.twitter.com/theflbroker
Flickr http://www.flickr.com/photos/27264581@N08/
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Avila Homes and MLS Listings for Sale - Tampa Florida Real Estate Market - Zip Code 33613
*Please click here to see pictures and virtual tours of Avila Luxury Real Estate for sale in Tampa Florida located in Hillsborough County. This search includes the following - Avila Million Dollar & Multi-Million Dollar Estate Homes at Reduced Prices, Golf Course Frontage, MLS Listings and real estate for sale, new homes for sale by terrific home builders including Fechtal Homes, golf course & water views, lakeview homes, lakefront real estate, Real Estate with Lake Sloan views, waterfront homes, luxury homes on conservation, homes with relaxing pond views, homes with water views, homes on cul-de-sac, estate homes, magnificent mansions, homes with custom theatre, one story homes, two story homes, Luxury Townhomes, Luxury Mediterranean Real Estate, Luxurious Golf Course Villas, Estate homes with acreage, Million Dollar Price Reductions, 3 & 4 & 5 car garage homes, homes with 500 bottle wine cellars, homes on conservation wooded lots, Awe Inspiring pool homes with multiple waterfalls, short sales and pre-foreclosures or foreclosures, bank approved price, bank owned single family homes and real estate or REOs, and Avila & Tampa mls home search and listings including motivated sellers. Avila Homes Best Buys.*
Avila is Tampa Bay's exclusive Jack Nicholas designed Golf Course hide behind the 24 hour guarded gates and Country Club Community, Avila Clubhouse, Playground, Park, Security, Fitness Center, Community Pool, Rec Bldg, Tennis Courts.
The Avila Community is close to shopping, dining, restaurants.
The current Avila and Tampa Florida Real Estate Market is a Buyer's Market. If you are thinking about a move or relocating to Tampa Bay Florida for a job relocation a community to consider moving to is Avila.
Please call with any questions that you may have about the current Avila Real Estate Market.
All Services are FREE to Buyers!!
Ask me about Buyer Incentives - Sharing up to 20% of my commission with you at closing when you purchase a home using me as your realtor.
Warmly,
Stephanie LeFew
Tampa Home Buy Realty
Avila Realtor & Real Estate Agent - Avila Pool Homes for Sale - Avila Homes for Sale at Reduced Prices
www.TampaHomeBuy.com
stephanie@tampahomebuy.com
813-624-3332 /813-991-1355
813-434-2183 efax
Information deemed reliable but not guaranteed. Parties are advised to verify.
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Here is your Avila Real Estate search where you'll find homes for sale in Avila and Hillsborough County by an Avila Realtor *Click here to view current mls listings in Avila*
This is an MLS home search for Avila homes, Avila real estate market, School information, Buyers Tips, Seller Tips, Relocation assistance available. You will find in this search Avila condos homes land townhomes investment properties condos and villas and multi million dollar custom luxury homes for sale some with golf course frontage or lake front waterfront views also some on large acre home sites. Avila is Tampa Bay's exclusive private gated golf and country club community with 24-hour guard gated community entrance includes amenities of Fitness center, Community Pool, Rec Bldg, security, Tennis Courts.
Please let me if there are any questions that you may have about the current Avila and Tampa Bay area Real Estate Market and the process of purchasing a home.
Call me on my cell phone - 813-624-3332 - for any questions that I can answer for you.
Warmly,
Stephanie LeFew
Avila Real Estate Broker and Realtor
Avila Tampa Real Estate Market
Tampa Home Buy Realty
www.TampaHomeBuy.com
stephanie@TampaHomeBuy.com
813-624-3332 cellular / 813-991-1355 home office
Avila Real Estate for Sale at Reduced Prices!
All Services are FREE to Buyers! Ask about Buyer Incentives Available to You as our Exclusive Home Buyer.
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Avila is one of Tampa's prestigious gated addresses. Avila is over 700 acres with much of it gorgeously landscaped with large oaks and by cypress-lined lakes. Avila villas and estates have various types of architecture from Tudor and Victorian to contemporary. Prices for residences in Avila begin in the $200,000's to several million.
The Avila Golf and Country Club offers golf, excellent dining, exercise room, meeting, swimming, and party rooms. The par 72 course was created by Bob Sierra and Jack Nicklaus. Members are able to have PGA professionals give lessons and clinics to assist them with their game.
The location for Avila is ideal, with restaurants and Citrus Park Mall nearby, as well as close access to the Veteran's expressway. Avila has easy access to the Veterans Expressway allowing for a quick commute to the Tampa International Airport and downtown Tampa. The area has beautiful lakes, rural areas, parks, good schools and great shopping.
Come experience the Florida Lifestyle in the Tampa Bay area with the nearby sparkling beaches of Clearwater Beach and just a little bit to the south is St. Pete Beach. It is a just short drive to I-275 and then it is an easy commute to Largo, Clearwater, Bradenton, St. Petersburg, or a quick trip to MacDill Air Force Base.
Let us show you your new home in Tampa Bay today! Just contact us at Solaris Realty of TampaBay.
You will love peaceful way of life in Tampa. The community offers convenient access to beautiful Gulf beaches, golf courses, restaurants, medical facilities, amusement parks, shopping, downtown Tampa and St. Petersburg and more. That's why the community is ideal for buyers looking to find the perfect home in a quiet, community atmosphere.
The contents of this posting are the property of Pam Mabe and Solaris Realty of TampaBay. Pam Mabe is a broker working in the Pinellas and Hillsborough area helping buyers and sellers buy and sell homes. Contact Pam at 813-245-0316 to list your property for sale or to purchase a property in Hillsborough, Pinellas or Pasco County area. Information is provided in this blog with the intent to educate homeowners and buyers about Tampa, St. Petersburg, Clearwater, Brandon, Wesley Chapel, Lutz, Valrico, Odessa and other communities in the Tampa area. For more information on different communities and subdivisions go to my website at TampaHomeGuides.
Visit my profile to find my more about my services. Call 813-245-0316. To view homes for sale in the Pinellas and Hillsborough area, click here and then fill in the information on your dream home.
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Avila is one of Tampa's prestigious gated addresses. Avila is over 700 acres with much of it gorgeously landscaped with large oaks and by cypress-lined lakes. Avila villas and estates have various types of architecture from Tudor and Victorian to contemporary. Prices for residences in Avila begin in the 200's to several million.
The Avila Golf and Country Club offers golf, excellent dining, exercise room, meeting, swimming, and party rooms. The par 72 course was created by Bob Sierra and Jack Nicklaus. Members are able to have PGA professionals give lessons and clinics to assist them with their game.
Avila is quick commute to Downtown Tampa or MacDill Air Force Base. It is also a easy to get to Tampa International Airport, Raymond James Stadium, The Ice Palace, Lowry Park Zoo, Busch Gardens, The Florida Aquarium, and Tampa's Performing Arts Center.
Whether you ever wanted a luxury home with a view of a lake, or one gazing of a home in a gated masterplan community, or a condominium or townhome you can find them and more in the Avila area. Avila and North Tampa have a wide range of housing choices and we can help you find your dream home. If you would like more information, please contact me at Tampa Home Guides.
The contents of this posting are the property of Pam Mabe and Solaris Realty of TampaBay. Pam Mabe is a broker working in the Tampa area helping buyers and sellers buy and sell homes. Contact Pam at 813-245-0316 to list your property for sale or to purchase a property in Hillsborough, Pinellas or Pasco County area. Information is provided in this blog with the intent to educate homeowners and buyers about Tampa, St. Petersburg, Clearwater, Brandon, Wesley Chapel, Lutz, Valrico, Odessa and other communities in the Tampa area. For more information on different communities and subdivisions go to my website at Tampa Home Guides.
Visit my profile to find my more about my services. Call 813-245-0316. To view homes for sale in the Tampa area, click here and then fill in the information on your dream home.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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