To parallel the discussion that began with statler's post in the open thread--
Choke on this info!
It's all relative because the prices out here in California are so far off base in comparison to even NYC Metro and Boston and the DC area.
Sales of homes worth $1 million or more, by state
State/ 2000/ 2005/ % Change
California/ 11,365/ 48,666/ 328%
Florida/ 2,703/ 14,567/ 439%
New York/ 1,074/ 6,784/ 532%
Maryland/ 604/ 3,323/ 450%
Massachusetts/ 1,408/ 3,292/ 134%
Arizona/ 640/ 3,175/ 396%
Illinois/ 931/ 3,082/ 231%
Virginia/ na/ 2,799/ na
Washington/ 712/ 2,404/ 238%
Connecticut/ 1,187/ 2,401/ 102%
Nevada/ 294/ 1,898/ 546%
New Jersey/ 406/ 1,796/ 342%
Colorado/ 341/ 1,682/ 393%
Hawaii/ 320/ 1,537/ 380%
Pennsylvania/ 281/ 923/ 228%
U.S./ 26,800/ 109,113/ 307%
I still find it infathomable that homes in my neighborhood in Oakland are routinely going for over $1M now. Most are still in the $750K-950K region. And they're not that big, either, just old(er).
[Edit--Sorry, cannot figure out how to maintain the column format. Separated the diffierent columns of info by slashes: ' / '.]
Choke on this info!
It's all relative because the prices out here in California are so far off base in comparison to even NYC Metro and Boston and the DC area.
Sales of homes worth $1 million or more, by state
State/ 2000/ 2005/ % Change
California/ 11,365/ 48,666/ 328%
Florida/ 2,703/ 14,567/ 439%
New York/ 1,074/ 6,784/ 532%
Maryland/ 604/ 3,323/ 450%
Massachusetts/ 1,408/ 3,292/ 134%
Arizona/ 640/ 3,175/ 396%
Illinois/ 931/ 3,082/ 231%
Virginia/ na/ 2,799/ na
Washington/ 712/ 2,404/ 238%
Connecticut/ 1,187/ 2,401/ 102%
Nevada/ 294/ 1,898/ 546%
New Jersey/ 406/ 1,796/ 342%
Colorado/ 341/ 1,682/ 393%
Hawaii/ 320/ 1,537/ 380%
Pennsylvania/ 281/ 923/ 228%
U.S./ 26,800/ 109,113/ 307%
I still find it infathomable that homes in my neighborhood in Oakland are routinely going for over $1M now. Most are still in the $750K-950K region. And they're not that big, either, just old(er).
[Edit--Sorry, cannot figure out how to maintain the column format. Separated the diffierent columns of info by slashes: ' / '.]