Dramatic Increases in 2021 Luxury Home Sales for Tampa Bay

Tampa Bay’s largest independently owned real estate company, Smith & Associates Real Estate, announced record-breaking sales volume for 2021. The company posted sales of $2.18B, marking a sales growth of 33% for the organization. The banner sales year secures the firm’s dominance as the leader in luxury real estate sales in Tampa Bay.

 

 

“Tampa Bay real estate sales soared last year, and we benefited as an organization from our history as being the leader in the Luxury markets and by our unique understanding of serving affluent buyers and sellers in the markets for generations. This year the value range of luxury took a jump proving that Tampa Bay is following the trends of the…

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Make no mistake about it, the ultimate home theater setup is the stuff of legend. Larger-than-life screens. Deaf-defying sound systems. Plush, comfortable seating. Intimate, mood-setting lighting. An experience that, if done right, rivals any trip to the local multiplex.

With the past two years changing our social engagement patterns, the home theater has once again become one of the more vaunted spaces in today's luxury homes. Today's luxury home theater is not just a big-screen TV, comfy sofa, and surround sound, but a place where you can genuinely express your avant-garde personality.

So, whether you're watching the latest major motion picture release debuting on your favorite streaming service, cheering on your favorite sports team, or doing…

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Nothing dresses up your luxury home like a swimming pool—that secluded backyard paradise homeowners crave to help keep the rest of the world at bay. Over the past two years, the pandemic has made that backyard oasis one of the most sought-after amenities on today's luxury home market. For example, according to HomeLight's "Top Agent Insights Survey for Spring 2021," pre-pandemic, homes with in-ground pools were selling for an estimated $16,137 more than homes without a pool. 

Today, those same homes sell for about $27,199 more than homes without pools—a 69% increase.

Along with being an eye-catching addition to your home's overall personality, a luxury pool offers a variety of benefits that Tampa area homeowners and buyers seek. 

And what's a…

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The good news is that the Tampa area ended 2021 as one of the hottest housing markets in the country with average home values skyrocketing nearly 30% by year’s end. And if that was not enough, heading into 2022, Zillow* jettisoned Tampa from the fourth spot to No. 1 on its list of the hottest housing markets in the US listing.

 Add this good news to the fact that another round of new residents streaming into the Bay area in 2022 will help drive home prices up again.

What does it all mean for luxury home buyers in Tampa? According to real estate site Redfin*, Tampa lands at No. 21 on the luxury real estate markets in the US list, with $1.2 million as the starting point for a luxury property and a median list price of $320,000. The top listing last…

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There is no silver bullet when it comes to selling a luxury home. Instead, the process involves a series of strategic, calculated steps that will help get you through the experience. Before you get started, know this: The luxury home market is a different animal. It takes the right timing, the right pricing, and the right assistance to get everything ready to roll.

 To help get you started, those strategic, calculated steps are a must. Here is a to-do list of items you can start pulling together to get your luxury home ready for market.

 Selecting a Real Estate Agent

Stepping into the world of selling your luxury home is an exciting and perplexing journey. But making that decision doesn’t have to be intimidating. Finding a real estate firm that…

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Broker-Associate, Angela D. Grannan, searched months for the perfect space for Dr. Litano's new dental office, but in this market there were not a lot of options that fit exactly what he was looking for in an office.

"I want to see nature" was one of Dr. Litano's Number 1 needs. Currently operating out of a mere 800 SF "space" on the west side of St. Pete, Natural Smiles of Tampa Bay was more than Bursting at the Seams and in dire need of a larger space.

Dr. Litano is an avid outdoors enthusiast and loves to admire and enjoy all that our beautiful planet has to offer. His current office does not have any windows for him or his clients to be able to enjoy the beauty of the paradise we live in. 'So, we made that a top priority in viewing…

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