Monday, February 8, 2010

California Luxury Homes

Million-dollar homes in California suffer further sales drop in 2009

The number sold in the state falls 23.8%, to 18,621 from 24,436 in 2008, for a fourth year of decline in a row.

REAL ESTATE

February 05, 2010|By Alejandro Lazo
Sales of California homes priced at $1 million or more tumbled for a fourth consecutive year in 2009, according to a report released Thursday.
The number of million-dollar-plus homes sold dropped 23.8% to 18,621 in 2009 from 24,436 in 2008, according to San Diego real estate research firm MDA DataQuick.

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