Tampa’s Million Dollar Zips

October 30th, 2006 categories: Tampa Florida Real Estate, Tampa Market Reports, Tampa Real Estate, Tampa Waterfront Homes

A client recently asked me what area of Tampa has the most sales of homes priced at $1m or greater. While it seems like an easy answer, there is nothing better than data to back you up. So before placing my foot in my mouth, I paid a quick visit to our Multiple Listing Service, where the data of any brokered sales resides. Most sales of homes in this price range are brokered, so the data should be pretty good.

So I looked at YTD sales of single-family homes in Hillsborough County selling for a minimum of $1m. This gives a good indication of where the million dollar sales activity is, not necessarily where the most million dollar homes are. Here are the results sorted by MLS grid:

Coming in at #1 (drum roll please) is grid WL18 with 13 qualifying sales! WL18 encompasses the southern portion of Davis Islands just south of downtown Tampa, and yes, most of these are waterfront homes.

Sold @ 5.175m in March of 2006. Listed by Smith & Associates Realtors

Next on the list is WH17 with 12 sales YTD of $1m+ SF homes. WH17’s neighborhoods are Culbreath Isles, Stoney Point, Beach Park, etc., on the western side of south Tampa’s Interbay Peninsula.

Sold @ 2.75m in May. Listed by Smith & Associates Realtors

Next up with 10 sales is grid WJ19 better known as Villa Rosa Park, Bayshore Court, Bayshore Beautiful, etc.

Sold @ $1.12 in March. Listed by Smith & Associates, sold by Keller Williams Realty

Fourth on the list of grids with $1m+ home sales is WJ17, the grid containing the Golf View neighborhood of Palma Ceia.

Sold @ $1.025m in July of 2006. Listed by Smith & Associates, sold by Prudential Tropical.

Tied with 8 sales is WK05 in Avila and WL17, the north end of Davis Islands and Harbour Island.

Avila home sold @ $1.7m in April. Listed by Keller Williams Realty

Harbour Island home sold @ $1.75m in January. Listed by Coldwell Banker

The rest of the $1m+ sales are spread out across multiple grids.

Where are the most current $1m+ single family home listings? Well, there are 447 of them in Hillsborough County as of today with grid WJ17 (Golf View, Palma Ceia) leading the way with 24. WH17 (Culbreath Isles, Stoney Point) is next with 23.

This entry was posted on Monday, October 30th, 2006 at 2:10 pm and is filed under Tampa Florida Real Estate, Tampa Market Reports, Tampa Real Estate, Tampa Waterfront Homes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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