The figure represents approximately six million American homes that hit the $1 million mark in February, according to data released Wednesday by Redfin.
Source: Inman News
1 out of every 12 homes in the United States is now valued at $1M or more
Published in $1 million, Agent, Markets & Economy, Redfin and Taylor Marr
More from AgentMore posts in Agent »
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- Kris Lindahl on why unapologetic authenticity is your only sustainable marketing plan
- 5 reasons your plumber is quietly richer than you
More from Markets & EconomyMore posts in Markets & Economy »
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Stop begging for deals: 9 real-world tips for negotiating concessions
- 5 reasons your plumber is quietly richer than you
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
More from RedfinMore posts in Redfin »
- October brought the strongest buyer’s market in 12 years: Redfin
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Realtors reject proposal to require disclosure of more referral fees
- Redfin site fluke exposed past users’ data on listing contact forms
- Stop freaking out about 50-year mortgages. They might save the housing market
More from Taylor MarrMore posts in Taylor Marr »
- Fewer than 2% of homes changed hands in 2023, marking 10-year low
- US rent hits just shy of all-time record high: Report
- Massive metro-to-metro home price gaps reach 13-year highs
- Spring market falls short, but low inventory is driving up competition
- Low inventory prevents prices from falling even further: Report
Be First to Comment