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Home sales boom for homes priced in eight-figure range

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Tampa Bay’s most expensive luxury waterfront home, courtesy the St. Petersburg Times.

Money Magazine reports that luxury home sales priced in eight figures grew rapidly in 2004, with well-over 20 thousand homes priced at $1 million-plus selling rapidly in ever-growing numbers. Sales of homes priced over $10 million increased by 56 percent. Florida is joined by New York in California in being well-known for its largesse selection of luxury homes, but these prime locations are no longer alone.

The market for eight-figure homes goes beyond the traditional elite real estate markets in New York, California, and Florida; $10 million-plus homes can be found now in many regions.

Florida luxury homes, though, are still the most exquisite in the nation for the money, so if you’re seeking a beautiful luxury home to call your own, contact me now so I can help you get the best luxury home for your dollar.

-John Mudd
“Mr. Real Estate”

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