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3 Reasons Why Luxury Home Buyers Could Lead The Way

By Judy Peterson

Real Estate Agent with Berkshire Hathaway HomeServices Fox&Roach Realtors

June 25, 2008 12:24 AM

Luxury Property Sales Snap Shot ~ January 2008 - June 2008

810 Luxury Home Properties For Sale, 175 Luxury Home Properties Sold in Chester County, Delaware County and Montgomery County within the last 6 months.

The Average Sold Price for Luxury Homes in Chester County, Delaware County and Montgomery County during this market period was $1,536,483, with the highest sold property price being $4,175,000. the Average Days on the Market for the Luxury Home niche was 94 DOM.* It’s a great time to be a Luxury Home Buyer!

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3 Reasons Why Luxury Home Buyers Could Lead The Way

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Sally K. & David L. Hanson

EXP Realty 414-525-0563 - Brookfield, WI

WI Real Estate Agents - Luxury - Divorce

You are soooo right ! This is a market segment that usually is not touched by the pendulum of market conditions...it still demands a "priced right" and sure helps to stage right but if those are the givens...it will sell right !

Jun 25, 2008 12:26 AM

Ray Nelson

Exit Realty Expertise - Fredericksburg, VA

I've noticed that the luxury home buyer is much pickier about details than the average home buyer. Great post, and I agree 100%. High end homes are definitely a great niche to mine!

Jun 25, 2008 12:34 AM

Judy Peterson

Berkshire Hathaway HomeServices Fox&Roach Realtors - Tredyffrin, PA

"Superb Service, Superb Results"

Sally and David! - Thanks for your viewpoint. I agree that the high end market is not immune to good condition and being priced right. Since expectations are higher it's even more important.

Ray! - Yes, the Luxury Home Buyer expects more and at these prices they should :-)

Jun 25, 2008 12:40 AM

3 Reasons Why Luxury Home Buyers Could Lead The Way

Luxury Property Sales Snap Shot ~ January 2008 - June 2008

3 Reasons Why Luxury Home Buyers Could Lead The Way

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