Florida luxury home sales market report

Central Florida luxury homes sales as reported in the Mid-Florida MLS through August of 2008 are at 2004 levels. MLS statistics indicate the 680 luxury homes, homes listed and sold for 1 million or higher, have sold thus far in 2008.

This is in comparison to 2004 where 728 luxury homes had sold during the same time period. Luxury home sales for this period during previous years are:

• 2008 - 680 sales
• 2007 - 958 sales
• 2006 - 1030 sales
• 2005 - 1199 sales
• 2004 - 725 sales
• 2003 - 442 sales

Mid Florida counties that have had a large share of the million dollar sales reported this year include:

1. Sarasota County 239
2. Orange County 133
3. Hillsborough County 101
4. Manatee County 101

Contact me for a free list of available luxury homes in Central Florida.

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- Greg Staker - Watson Realty Corp. - 407-304-0255

Florida luxury real estate

In which town or city in Central Florida are you most likely to purchase a luxury estate? Winderemere, which is located in Orange County and home to the very popular luxury neighborhoods of Isleworth and Keenes Point, is the most popular city in 2008 with 19 homes selling in 2008 priced at $2 million or more.

Here are the other cities and towns where luxury estates have sold this year.

• Windermere 19


• Orlando 8


• Winter Park 8


• Longwood 2


• Montverde 1


• Lake Mary 1


• Maitland 1


• Altamonte Springs 1

Luxury estate sold prices have ranged from $2 million to $9 million.

Related Florida real estate views:

Foreclosures for sale: Million dollar houses

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- Greg Staker Watson Realty Corp. 407-304-0255