[Southack]

"Already in 2001, one out of every ten homes for sale in the United States was priced at $1,000,000 or more."

One has to read that sentence carefully to see that the author is pointing out only that high-priced homes are "for sale" in greater proportion than their percentage of the market in sum.

[Rebelbase]

I just called a Realtor friend and had them pull up some stats on my location. Currently there are 8375 homes on the market in my regional area. 46 of those homes are priced at $1,000,000 or more.

That is 1/2 of 1% of the total market and I'm in the 3rd largest market of my state.

Can anyone else check their markets?