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How many $1M + houses in your listing area.

7 years ago

In my listing area, there are four counties in my state that are essentially commuting counties for the city I live in. There are 1183 over $1M

In the city/county there are 219 over $1M

In the adjacent state, two counties comprise the normal commuting counties for my city: there are 82.

(Where I grew up, my county and the five surrounding have exactly one house that tops $1M, and one house that tops $1M but which was a country club for decades, and now has B & B status.)

Comments (43)

  • 7 years ago
    last modified: 7 years ago

    Almost all of the 475 listings for a single family detached home in Vancouver are over $1 million. The cheapest house in the city right now is $925K!!

  • 7 years ago

    Most are over $1M. I live on an island that is considered a bedroom community for Seattle and at only 27 square miles, it has a median home price of over $800K. Bare lots can sometimes go for almost a mill, depending on how close they are to the water.

    And this is an extremely hot market. Most houses are on the market for a very short period of time.

  • 7 years ago

    Quick search for Palm Beach county, excluding the island of PB, shows 1984 SFRs above $1M. If you add in condo's and TH's the number is 2690. Still excluding the island.

  • 7 years ago
    last modified: 7 years ago

    I did a search on Southern OC, CA where we live(which is very small but very packed with people) and that's what I found:

    3,364 homes for sale

    ETA: looking at the listings I think it didn't differentiate and gave me results for all the county)

  • 7 years ago

    ..which comprises close to a third of overall listings for sale(including mobile homes, in short everything)

  • 7 years ago

    In my county of 130,000 about 40,000 people are college students. There are 14 $1 million dollar plus listings. If you go down to $900,000 it increases to 19. The properties vary a lot. A few are typical McMansiony kind of places, a few are lake front, and then there is this one: http://www.homefinder.org/homes-for-sale-details/8400-S-FAIRFAX-ROAD-BLOOMINGTON-IN-47401/201654731/552/

    It's probably my favorite even though I'm not a horse person.

  • 7 years ago

    Springfield Township has 5 plus 4 more for the high 900's.

  • 7 years ago

    Aprilneverends - I also live in South OC, CA, in my city there are 42 SFR listings. In all of Orange County, CA, there are 2,520 single family listings over $1mil, the highest is $51 mil.

  • 7 years ago
    last modified: 7 years ago

    Interesting question ... here's what a quick search of my low-cost-of-living turned up:

    - When I searched houses between 950K and 1.1M, I found exactly ONE house in my medium-sized city.

    - When I searched 1M - 2M, FOURTEEN entries popped up ... only four were actually houses, and the other ten were large chunks of property (old farms?) that could likely be purchased by a developer.

    So, the answer ... few, very few.

    When I input the same question for the very rural area from which I hail, the answers were surprising:

    - Between 950K and 1.1M, one house and one piece of property.

    - Between 1M - 2M, four houses (all on the lake) ... and one piece of property for sale. Yet MANY people in this area own old farms that've been in the family forever. So I am not alone in saying I will never, ever, ever sell my farm.

  • 7 years ago
    last modified: 7 years ago

    Mrs Pete, I didn't stop at 2M. I went from 1M as a base price with no upper limit for our county. If I add in PB Island it is another 240+ but most well above $1M. Highest on the island that I could see, in my MLS, was $69M. But PB has it's own MLS separate and apart from what we use here west of the Intracoastal waterway.

  • 7 years ago

    cmarlin, very well maybe,,I didn't specify single-family

    I looked on Zillow

  • 7 years ago
    last modified: 7 years ago

    Crazy times. In my area 18 over $975k which is about 4% of the listings. 70 minutes from Seattle.

  • 7 years ago

    My town in the LA has around 80 houses for sale. All are over $1M and the average price is around $2.5M.

  • 7 years ago

    aprilneverends, I meant to add I used redfin, in addition to specifying only single family homes.

  • 7 years ago

    All this says, a million dollars just isn't what it used to be.

    Based on house values (paid for) many more people are millionaires. Only problem, you need to sell your house to spend it on something else. Many people in California want to continue to live here so they don't get to spend their "house money".

  • 7 years ago

    I'm in NE Wisconsin. There are two.

  • 7 years ago

    I live in a rather small city; 70% of the SFH listings are for 1 million and up.

  • 7 years ago
    last modified: 7 years ago

    Too many to shake the proverbial stick at in Toronto, even after the 10%-40% drop in prices over the past year. Indeed, as the table below shows, detached homes in the city sold for an average US$1,083,775 last month.

    Here's a map of Toronto and a bit of the surrounding area with listings over C$2million (US$1.6m.)

    Source: Toronto Real Estate Board
    All figures in C$. Source: Toronto Real Estate Board (416 and 905 refer to telephone area codes.)

    However, the top end peters out pretty fast, with no more than 25 properties listed exceeding C$10 million, with the most expensive at only C$13.9m for a condo apartment.

    *****

    The price run-ups in the last three years have been wonderful for owners.

    Here's an attached townhouse in an up and coming area a few doors away from an identical one I sold for $329K in 2015.

    67 Birdstone Cres. sold for C$690k April 2018.

  • 7 years ago

    118 of 235 houses currently for sale in our immediate area are over $1M. 19 are over $3M

  • PRO
    7 years ago
    24 in my county which includes the Grand Rapids metro area and 288 in my MLS which includes popular several Lake Michigan tourist towns.
  • 7 years ago

    48 out of 420 are above 1M in my rural county in Texas

  • 7 years ago

    In my fairly small town (3163 households total, don't know how many are for sale), there are currently 34 priced over $1M and another several priced just under ($999k.) The next town over shares a school district with us but is a step up in terms of price. That town has 5870 households total, there are about 200 currently for sale priced over $1M, including one empty lot at just over $1M and 12 at $3.995M and up.

  • 7 years ago

    Zero in my small town in the midwest. There's one huge one (5 bed/8 bath/7700 sf) on 16 acres that a retiring doctor put on the market a couple years ago for just under $1M. But it's down to $695K now.

    Median price ~$100K. Just to provide some contrast to the above. :-)

  • 7 years ago

    In the Charlotte area, there are 1124 SFH over $1M.

  • 7 years ago


    From realtor.com there are 132 out of total 385 residential listings over 1M. Excluding condos, it is 102 out of 154. Town population slightly under 13,000 and county slightly under 24,000. However, the area is popular for second homes and the total listings are the lowest they have been in years.


  • 7 years ago

    Wow!

    Exactly zero in my area. There WAS one listed at $600k, but it finally sold for less than $400k. Ouch. (I knew the owners. They were foolish to build that house here.)

    I don’t know of any homes within 50 miles of me that would sell for $1M. Ever. There are several PROPERTIES that would, though. Farmland is hot right now. A friend recently bought a farm of 500 acres for $3.5M.

  • 7 years ago

    According to redfin, in our city with population of 103,000, there are 83 homes on the market over $1 million in price. These are mostly on acreage, in the exclusive neighborhoods in the foothills or the mountains. This is in Riverside county, Southern California.

  • 7 years ago

    I just looked at single family homes and in my area which includes a large area, there are 383 homes over 1 million out of a total of 2441 homes.

    If we add in condos and townhouses, there are 528 homes over 1 million out of a total of 3777 houses, condos and townhouses.

    If I look in just my zip code, there are 485 houses, condos and townhouses. Of those there are 174 over 1 million.

    If I go back and just look at single family homes in my zip code that are over 1 million, there are 67 for sale.

    And there are a total of 112 single family homes for sale in my zip code, so over half the homes are asking over 1 million.

  • 7 years ago

    In our little village,6. But unlike Palo Alto,you get a lot for that. Why round here we don't even get charged for the snow....just removing it.

  • 7 years ago

    In my area there are 264 listing over 1 mil. However, when thinking about homes in this price range, I envision them being grand and luxurious. Not like this “teardown”, or apts and condos.

  • 7 years ago

    I suspect that most of the homes in our town are $1M or better. High cost of living here.

  • 7 years ago

    P G, that price is for 3 rental properties. It’s still very expensive though in Canada.

  • 7 years ago
    last modified: 7 years ago
  • 7 years ago
    last modified: 7 years ago

    worthy #2 son lives in Burbank, Cal. where 30% of the listed properties are US$1m+.

    mrs. worthy's hometown has one listing above US$1m.

    Mullet Farm, Buff Bay: 125 acres of lush foliage. (Mind the Raptors and red centipedes!)

  • 7 years ago

    Lazy gardener, that’s a beautiful place! The only thing is you have to be a fast runner, a hunter, there are a lot of coyotes , wolves, mountain lions there.......

  • 7 years ago

    Here in Santa Clara County, CA I see 822 homes priced over $1M out of 1242 listings on redfin. I'm counting houses, condos, and townhouses.

  • 7 years ago
    last modified: 7 years ago

    The town that I just left after 35 years - which is in one of the NJ counties that Pal referenced - has 37 homes over 1 million out of a total of 188 listed.

  • 7 years ago

    In my current county, looks like 151 of 1658 homes for sale are over $1M (counting only existing houses and condos, not new construction).

    In the mountain community nearby where I am hoping to build on land I own, 510 of 880 are over $1M. We have terrible timing and market forces boosted building costs so we've had to delay our plans and continue living in the city for now.

  • 7 years ago

    Sales are always more useful than list pricing. How many of you have encampments of homeless people? A friend in the San Francisco area tells me some highways are lined with people living in everything from pop-up campers to big RV's. Odd that we have near-full 'employment' but so many people can't afford to buy (or rent) a home.

  • 7 years ago

    The 3800 sq. Ft. Home on a small. 17 ac. lot across the street just sold for 1.7 million last week. About right for the neighborhood.

    No real encampments of homeless people in town, but affordable housing is a big problem in this resort town. DD is an employee Housing Manager and active in town politics encouraging affordable workforce housing. Some, but slow, progress being made on that front, by opening up new areas for development on the bus system but in the west of town.

  • 7 years ago

    In my current rust-belt city of around 80,000 people there are zero. Most expensive house currently on the market is listed at $275k. However it's far from the nicest house in the city. The large historic houses don't sell often, and when they do, they often have a hard time appraising for lack of comps. The most expensive house in the last five years sold for $361k as a 5000 sf 5 bedroom 2.2 bathroom.

    In the whole county, which includes some more affluent but still relatively affordable cities, there are currently seven houses listed over one million. It looks like in the last five years 10 houses have actually sold for over one million.

  • 7 years ago

    I'm north of Chicago, just beyond its "North Shore". There are almost 400 homes for sale here, according to Zillow. About half are $600K to $1M. Half are over $1M, and up to $8M. There is some movement in the lower half. There is almost no movement around $2M here, but there is movement in that range in closer-in North Shore markets. I haven't seen lovely homes sell for so little since 2008-09. (I know that some of today's sellers had waited for that to be 'over' before they listed!)