High End Homes.

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High-End Home Sales Push Up Median Price

By Dick Turpin
March 15, 1987

For the first time ever, the median price of the storied American home has topped the $100,000 mark.

Strong sales of high-end new homes during January, particularly in the Northeastern states, pushed the median to $100,700, passing the previous record of $94,600, set only last December. About 11,000 of the 53,000 new dwellings sold were in the Northeast, nudging aside the usual leader, California. The two areas currently represent the nation's hottest real estate markets.
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The annualized rate of sales of existing single-family homes dropped 32.9% from the December totals, from 653,086 to 437,970. However, resales were still up 13.3% from January of 1986.

California's median resale price dropped 3.1% in January to $126,532, down from December's $130,565.

For the Los Angeles region, the median was $126,407; Orange County, $152,438; San Diego region, $119,603; Riverside and San Bernardino counties, $93,255.

http://articles.latimes.com/1987-03-15/realestate/re-10567_1_median-price

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The Boston Globe
HIGH-END HOME SALES ON INCREASE HOUSE, CONDO PRICES UP; SLIGHT SLOWDOWN SEEN
The Boston Globe (Boston, MA) | November 10, 1999| Bruce D. Butterfield, Globe Staff | Copyright 1999 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information) Copyright

It's barely a hole in the ground. But the area's latest condominium development in Brookline - with units ranging from $475,000 to $1 million apiece on Longwood Avenue - is half sold already, with nearly a year to go before anyone can move in.

A few blocks away at 1160 Beacon St., another luxury condo project under construction is two-thirds sold, developers say, despite prices starting at $600,000.
High-end housing, condominums and single-family homes alike, throughout Greater Boston. Average selling prices soared more than 23 percent for both categories in the third quarter..

http://www.encyclopedia.com/doc/1P2-8575537.html

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High-end home sales soar in Bay Area
Feb 16, 2008 ... High-end home sales soar in Bay Area. Articles. What real estate slump? The Bay Area's rich are still snapping up high-end properties for ...

www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/02/16/...