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| Debbie Keilin |
ORLANDO, FL and PORT ORANGE, FL--- Sales of luxury
homes in the East Volusia region---including Daytona Beach, New Smyrna Beach,
and Spruce Creek Fly-In in Port Orange---saw robust growth in 2013, up more
than 60 percent over 2012 sales according to a recent Real Estate Report
published by Stirling Sotheby’s International Realty in Orlando.
Roger Soderstrom, founder
and owner of Stirling Sotheby’s International Realty, said associates Debbie
Keilin, Rachel McGrath and Maureen Reynolds of
the firm’s East Volusia offices at Spruce Creek Fly-In compiled the survey of
closed real estate sales.
Soderstrom said one reason
for the increased sales of luxury homes is that listings of homes for sale
increased by almost a quarter in 2013.
“The market is coming
back,” Soderstrom said. “As home owners see other homes selling in their price
range, they are more inclined to list their homes for sale,” Soderstrom said.
Sales of homes priced from
$500,000 to $1 million grew by almost half in 2013, Soderstrom said, from 137 homes
sold in 2012 to 202 luxury homes.
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| Rachel McGrath |
Only five sales priced from
$1 million to $1.5 million closed in 2012. Last year sales in that category
totaled 22 homes. In the $1.5 million plus category, sales grew from 4 in 2012
to 11 in 2013.
“Sales of luxury homes in
east Volusia County say more about the national economic recovery than the
local economy,” Soderstrom explained.
“This region is known
throughout the world for its beaches and its lifestyle, and many buyers come
from outside the east Volusia area to live here,” he said.
Soderstrom said waterfront
properties tend to sell for the highest prices and they don’t often stay on the
market very long.
“Luxury waterfront
properties are always at a premium but we have seen substantial growth in
luxury property sales that are not on the water as well,” Soderstrom said.
The complete East Volusia
report can be viewed at http://www.stirlingsir.com/resources/siteresources/my%20folder/2013eastvolusia.pdf
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| Maureen Reynolds |
Stirling Sotheby’s
International Realty is affiliated with Sotheby’s International Realty, the
largest luxury real estate brand in the world with over 680 offices in 49
countries and territories.
Stirling Sotheby’s
exclusive global marketing services include luxury residential, new homes, new
home communities, commercial and investment properties.
In addition the company provides support to builders and
developers locally and internationally.
Visit www.StirlingSIR.com.
For a complete copy
of the company’s news release, please contact:
Roger Soderstrom,
Founder/Owner Stirling Sotheby’s International Realty 407-333-1900
Larry Vershel or Beth
Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com
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