Good afternoon!

With the additional information you provided after Angela responded, I ran a search on CONDO SALES in Coral Springs over the last six months. Out of 352 CONDO sales, 1 CONDO closed at $230,000 . . . all the other CONDOS sold for $149,000 or less. Therefore, if your CONDO has been analyzed by a real estate profesional with a market value of $400,000, I would certainly say that it IS A LUXURY listing.

Hope all is well and please feel free to contact me should you need any real estate assistance in Coral Springs, or anywhere else in Broward County.

Lisa M. Brodeur
LMB Realty Corp d/b/a Alliance Realty
lmbrealtycorp@aol.com
(954) 868-1416

This is exactly what i was looking for - thanks Angela. I was trying to figure out if my condo could be considered luxury or not...based on your reply, i guess a $400,000 condo would not. Thanks again!

Good Morning.

Can you be more specific about what you need? The top 10% of what exactly? I think this may help, but let me know if it doesn't.

I took the threshold of $700,000 as a minimum for "luxury listings". Based on this, I can tell you that the high is $4,200,000 and the low is $720,000. This encompasses 35 properties currently listed for sale. The average list price is $1,242 million and the median is $975,000.

Does this help you?

Best regards,

Angela Schrager
Villa G Realty, Inc.
Tel: 954-816-7996