If there are general residential home price differences between locations then the prices differences should be accounted for when
comparing luxury home sales between those locations to determine the best price to list at.
Not exact matches
According to a recent survey by Coldwell Banker Residential Brokerage, the median
sale price for an East Bay
luxury home declined 1.8 % in May
compared to the same time last year, dipping slightly to $ 1,780,000.
While prices have surged, the number of
luxury detached
homes sold fell nearly 70 per cent year - over-year in the first four months of 2018, while
luxury condo
sales dropped about 28.1 per cent
compared to the first four months of 2017.
The Re / Max report says
luxury home sales rose to new heights in 12 out of 13 markets in January to May 2006
compared to one year ago, with percentage increases ranging from eight per cent in Halifax / Dartmouth to as high as 177 per cent in Edmonton.
Although
homes for
sale in Woodinville seem moderately priced
compared to some other Seattle suburbs, there are parts of Woodinville that feature a wide variety of
luxury real estate options.
In fact, for 2010, we noted a 20 per cent increase in the
sales of so - called
luxury homes and condos, as
compared to 2009,» says Sylvain Dansereau, executive vice-president of Re / Max Quebec.