In the Tampa Bay Area defining a luxury home community usually means a large waterfront home in a desirable neighborhood. How is Tampa, Florida’s Real Estate Market performing in high end home sales?
In 2009 the average waterfront home listed for sale was a 4b/3b, slightly over 4,100 sq ft. These properties are either bay front, lake, or riverfront for purposes of this comparison. Producing an average list price at 1,457,000 and $366.00 per sq ft.
Today, in 2015 the numbers have changed. The size of home is still an average of 4b/3b, square footage is a little less at 3,430 sf and list prices on average have come down to $1,098,320 making our average list price per sq ft for waterfront homes $289.00
For sellers who want to sell their home you’ll need to be priced accordingly. Be flexible on pricing your home to sell. Buyers have hundreds of homes to choose from for sale just in Tampa. Pinellas County is also quite competitive for those who want to be closer to the beach.
If you would like to speak with a Real Estate Agent about buying or selling your home, please contact Rae Anna Conforti 813 784 7744 or email