Luxury Home Sales In Odessa Were Hot In 2011!!!

By
Real Estate Broker Owner with Cornerstone Properties & Investments, LLC

Keystone Shores Home     northbridge at lake pretty     Odessa Home

While we’ve seen a few slow years in the non-waterfront luxury home segment, 2011 saw a welcome increase in the number of million dollar homes sold around the Tampa Bay area.  Within a 30 mile radius of Tampa, there were 51 properties sold with a price tag of $1 million or more. The average non-waterfront luxury property was a 5 bedroom, 5 bath, with 6039 square feet of living space and sold for $1,488,836, or $262 a square foot.

 

But, one area stood out as the clear “winner”.  Of the 51 luxury sales, 18 of the sales were in the zip code 33556 which covers Odessa and Keystone.  The communities of Dolce Vita, Northbridge At Lake Pretty, and Keystone Shores represented half of the recorded sales.  There was a 3 way tie for second with South Tampa zip code 33609 posting 5 sales, New Tampa zip code 33647 posting 5 sales, and the community of Avila in zip code 33613 posting 5 sales.

 

If we look at the numbers of the top 4 areas we can easily see why Odessa had so many sales.  Odessa was the only area in the top 4 with an average sales price below the average for the Greater Tampa area.  In fact, the average sales price for Odessa was almost 20% lower.  Add ease of access to downtown Tampa, great schools, convenience to shopping and dining, and it’s easy to see why Odessa was the clear winner in luxury home sales for 2010.

 

Steve Eckhardt, Broker

(813) 765-1182

 

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Topic:
Real Estate Market Trends
Location:
Florida Hillsborough County
Groups:
Luxury Real Estate
LA Connection
LuxuryRealEstate.com Network For ActiveRain Members
Luxury Properties $750k+
High Net Worth
Tags:
new tampa
south tampa
pricing
odessa
luxury homes
tampa

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Steve Eckhardt

Tampa & Sarasota Luxury Broker
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Additional Information

Local insight about the Tampa & Sarasota areas, economic conditions that affect the luxury housing market, and unique marketing ideas that help you sell your home. Steve Eckhardt is the Founder, President, & CEO of Cornerstone Properties & Investments. He has been recognized by Who’s Who In Luxury Real Estate and has established himself as one of the area’s preeminent purveyors of luxury homes. His company, Cornerstone Properties & Investments, is a full service luxury boutique firm listing and selling some of the most expensive properties in Greater Tampa Bay and the Sarasota Gulf Coast Regions. His skilled team is committed to providing legendary client service with an unparalleled standard of integrity and expertise. Known for high-profile properties and clients, Steve can provide access to the most exclusive neighborhoods with complete confidentiality. His high regard for client's privacy is what keeps them referring friends and colleagues. We serve the Greater Tampa Bay, Clearwater, St. Petersburg, Sarasota, Siesta Key, and Longboat Key markets.