The Million Plus Market

While I was out today someone asked how the sales for Million Dollar homes is doing this year compared to last. From the information I have available from the MLS I found that last year from Jan. 1st to May 26th there were 7 closings ranging from $1,050,000-$1,870,000. This year for the same time period there have been 4 closings-1 @$1,035,000, 1 @$1,062,000 and 2 @$1,500,000. There are two with contracts pending and there are 25 homes actively available. The 25 homes range in price from $1,099,000 to $2,200,000.