Sales of luxury homes continue to post strong sales numbers in August with a 28.6% increase year-over-year. In August, 63 homes sold with a price tag of $1 million or more, down from July’s 85 but up from 49 luxury homes sold in 2012. The average price for August came in at $1.475 million, up 1.8% compared to $1.449 average price in August 2012. Average days on the market plunged to 72 days in August, down from 180 days in August 2012. Year-to-date, 483 luxury homes have sold with a total dollar volume of $731,373,341.