Point2 reviewed home listings in 30 of the largest U.S. cities, identifying cities that have the highest proportion of homes listed at $1 million or higher. California cities take the top four spots on the list. California is also home to more ASCs than any other state in the U.S.
Ten cities with the most homes over $1 million:
1. Los Angeles
Percentage above $1 million: 64 percent
Percentage above $5 million: 12 percent
2. San Francisco
Percentage above $1 million: 62 percent
Percentage above $5 million: 7 percent
3. San Jose, Calif.
Percentage above $1 million: 61 percent
Percentage above $5 million: 1 percent
4. San Diego
Percentage above $1 million: 59 percent
Percentage above $5 million: 8 percent
5. Boston
Percentage above $1 million: 53 percent
Percentage above $5 million: 9 percent
6. New York
Percentage above $1 million: 41 percent
Percentage above $5 million: 7 percent
7. Seattle
Percentage above $1 million: 34 percent
Percentage above $5 million: 2 percent
8. Denver
Percentage above $1 million: 27 percent
Percentage above $5 million: Less than 1 percent
9. Washington, D.C.
Percentage above $1 million: 26 percent
Percentage above $5 million: 2 percent
10. Austin, Texas
Percentage above $1 million: 25 percent
Percentage above $5 million: 2 percent
