Has the market for luxury homes in Clermont Florida been picking up? Well, looking at a few stats from the Mid Florida Regional MLS, it appears that the Luxury Market may be starting to pick up a little steam. What is the Luxury Market? Well, if you google "Definition of Luxury Homes", it will give you this definition: "The real estate market niche targeted at the highest socio-economic group of consumers". Ok, again, what is the Luxury Market? My definition of the luxury market for this blog post is "any residential home sold for $500,000 or more". So, with a definition that we can actually understand, let's do a little research. Going back to 2007, there were only two homes sold in Clermont, Florida that were equal to or greater than $500,000. One home sold for $888,000 and the other ...
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