Statistics for the Greater Tampa Luxury Housing Market according to Luxury Consultant, Realtor
Phil Fowler of Keller Williams Realty South Tampa appear to be stabilizing somewhat.

The Institute for Luxury Home Marketing, of which Phil Fowler is a Member, released current data showing the median price of luxury homes in the Tampa Bay Area at $704,716, median square feet 2,857, inventory 1,676, new listings 69, with average days on market at 186.

The median luxury home pice has dropped considerably on the lower range;  however, the multi million dollar estates are not being affected by this economic down turn.  Fractional ownership is a creative alternative when purchasing these higher end luxury Tampa properties.

For example, the 25 Million Dollar compound in prestigious Avila, can be purchased using fractional ownership.

If you would like more information on Tampa Luxury Homes or Tampa Luxury Real Estate, please contact Tampa Luxury Property Finder,  Phil Fowler at 813-401-8078 or Phil@PhilFowler.com