Luxury Home Trends 2022
Posted by Smith & Associates Real Estate on
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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