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23.8 percent down in sales of million dollar homes in Golden State area
This is my site Written by ivan3411 on February 5, 2010 – 8:12 am

The real estate information service reported that a $1 million dollar homes and higher that sold for the year 2009 was declined for the fourth straight year. Last year a total of 18,621 expensive homes that worth a million dollars and higher sold in the area of Golden State, California. Compared to the 2008 sales it was basically downshifted by 23.8 percent with 24,436, the year 2007 with 42,506 and 2005 with 50,010 sold. If the 2005 was the peaked of home sales for a million dollars home the current year was the worst sales since 2002 when that time only 15,703 elegant homes were sold.

In the area of Riverside county million-dollar home sales dipped by 48.6 percent last year, as well as the county of Los Angeles who suffered a dropped in sales by 13.3 percent. There were 332 more than $5 million worth of homes were sold last year, $4-$5 million range of homes sold 228, 590 in the $3 million range and 83 percent of the sales were came from the $1-$2 million range.

The last year most expensive homes sold in the month of July, this is a Bel-Air home type that was built in 2008 that includes 9 bedrooms and 10 bathrooms in 22,721-square-foot. This home was the largest million dollar home sold last year.

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