Quote:
Originally Posted by Kavvy
Weird thing is, if houses like this hit the market in increased numbers, the average selling prices goes up. May has had the 2nd highest $1 million + homes sold ever, and we have something like -30% total sales from 2 years ago.
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I've noticed that also. Total sales have fallen, but the percentage $1 million+ sales out of the total seem to have increased. Of course those $1 million+ homes are seeing price drops, but the overall average price increases.