Eric Kodner, CRS, Madeline Island Realty, LaPointe, WI 54850 -  (Madeline Island Realty)

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Rainmaker
2,011,715
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

20854  $1.5m

Apr 12, 2016 03:11 PM
Ambassador
3,724,077
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

It would probably be about $2.5million up.

Apr 12, 2016 01:52 PM
Rainmaker
2,575,759
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Luxury homes in Greenbrier County starts at $500K. Listing prices vary with the acreage and believe the highest is oer $6 million.

Apr 12, 2016 01:00 PM
Rainmaker
1,766,546
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

60194 = $600,000 It's not luxury.

Apr 12, 2016 09:28 AM
Rainmaker
1,430,221
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I have a couple markets where that number is in the 2-3 million up to 30+ million

Apr 12, 2016 07:09 AM
Ambassador
3,077,080
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

$700k or better in most my market.  31024, 31061 or my primary zip codes and I work only the niche of lakefront properties in those markets

Apr 12, 2016 06:58 AM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Eric Kodner a few market, this number is above $1,000,000!

Apr 12, 2016 05:29 AM
Rainmaker
1,157,535
FN LN
Toronto, ON

Top 10% does not necessarily mean luxury.  A property may be in the top 10% due to location (e.g. to the subway, to downtown or it might simply be a bigger lot that has a teardown property where a big new home can be built.

Apr 12, 2016 04:44 AM
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3,158,154
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Over $5 M - I am in the same market as Sam Shueh

Apr 12, 2016 03:49 AM
Rainer
22,939
Sheri George
Lake Norman Realty, Inc - Mooresville, NC
Homes By Sheri George Lake Norman Realty

We are 500,000 and up in Lake Norman

Apr 12, 2016 03:46 AM
Rainmaker
1,183,850
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

$5 mil and up.....SF Bay Area

Apr 12, 2016 03:31 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

The numbers are all over. In Carlsbad right now it's $1.995M. Rancho Santa Fe is $7.95M, La Jolla is $6.9M, a lower priced community, Escondido, is $1.25M

Apr 12, 2016 03:12 AM
Rainer
231,174
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

10% of price? average, norm, medium?  in our area over 2mil is certainly luxury. we have a few sales over 4 mil, but not many. we consider in the area 2+ as a benchmark.

Apr 12, 2016 02:08 AM
Rainmaker
5,323,059
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Luxury in Denver would be defined at over $1.5 million.

Apr 13, 2016 11:36 PM
Rainmaker
7,033,883
Roy Kelley
Retired - Gaithersburg, MD

The luxury range is in the eyes of the purchaser. The top 10% is beyond the imagination for most.

Apr 12, 2016 11:25 PM
Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

parked and reading

Apr 12, 2016 11:17 PM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you.

Apr 12, 2016 09:54 PM
Rainmaker
4,567,028
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

One milllion up in 34202 and creeping!

Apr 12, 2016 09:34 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Locally, we define it as a home that is at least twice the price of the average home in that zip code. We have so many price ranges and so many areas, it's hard to put a definitive number to it. But anything over $750,000 would usually be considered luxury as that is about 3X the price of an average home in our MLS.

Apr 12, 2016 09:25 PM
Rainmaker
634,382
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

$2,000,000+

Apr 12, 2016 07:04 PM
Rainmaker
1,558,335
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It is very blurry now, since all Los Angeles prices are quite high. But of course expect to pay premium price for anything in Beverly Hills, Brentwood, Santa Monica, Sunset, Westwood, Bel Air, Malibu and many other Los Angeles cities. 

Apr 12, 2016 04:31 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Market value is where mos are selling right now

Apr 12, 2016 01:54 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

None of them in my neighborhood, but if I find someone who is looking for a Luzury vacation home, I know to send them to you Eric.

Apr 12, 2016 01:03 PM
Rainmaker
808,302
Susan Laxson CRS
Premiere Plus Realty - Naples, FL
Realtor in Naples & Marco Island, FL

In Naples, Florida we have listings up to $59 million, and the majority of our homes would be in the luxury market anywhere else.

Apr 12, 2016 10:24 AM
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Liz and Bill Spear
RE/MAX Alliance 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Alliance Cincinnati & Dayton suburbs

Eric, For our market area, our brokerage defines luxury as $500k and up (zip codes 45040, 45036, 45066 and more). Now of course there are homes that are above that that are a far cry from luxury (perhaps they have 20 acres and a horse barn to justify the price).  Most of our market has a median price in the $200-$250k range, so doubling that to $500k is a pretty good indicator of upscale.  Bill

Apr 12, 2016 09:36 AM
Rainmaker
579,296
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

The homepage for the Institute for Luxury Home Marketing website reads, "CLHMS designation is awarded to members in good standing with documented sales in the top 10% of their market."

Apr 12, 2016 06:05 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For my market, anything over $750K is in the top 10%.

Apr 12, 2016 04:41 AM