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Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
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If you combine Miami/W Palm/Ft Lauderdale (the actual MSA), rather than breaking them up individually, I’m coming up with a +/- 26.6% figure, ahead of ABQ and Boston.
Would love to see if/how these rankings change at the $3M or $5M+ level.
Quote:
Originally Posted by BostonBornMassMade
So basically
The Bay
San Diego
LA
Honolulu
Seattle
NYC
Boston
Everyone else. No surprises. These lists get kind of dull.
jurys out on ABQ...?
Last edited by elchevere; 03-11-2022 at 11:29 AM..
If you combine Miami/W Palm/Ft Lauderdale (the actual MSA), rather than breaking them up individually, I’m coming up with a +/- 26.6% figure, ahead of ABQ and Boston.
Would love to see if/how these rankings change at the $3M or $5M+ level.
How?
I didn't do the math, but if none of the divisions are above 12% how can the MSA be over 26%.
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
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Reputation: 6682
you could very well be right unless the 11.2% for Miami, 5.4% for FtL and 10.0% for West Palm was vs. the total number of homes calculated for the MSA--not the broken out subdivisions. If vs. individual subdivisions, my bad.
Of course, $1M in top coastal cities is not unusual (average, possibly 40-50+YO house in many neighborhoods, decent but not penthouse or 1750+ sq ft condo either)...146 cities gained homes with $1 million status in 2021; following are metro rankings (no subdivisions) by a different source, Zillow:
would still really love to see how the cities separate from one another at the $3M or $5M+ level and if the rankings change. More of a separation from $1M.
Quote:
Originally Posted by atadytic19
How?
I didn't do the math, but if none of the divisions are above 12% how can the MSA be over 26%.
Last edited by elchevere; 03-11-2022 at 01:22 PM..
That's assessed value, which is different than listing prices and sale prices. I'm sure the Redfin figure isn't correct for Albuquerque, but I also don't believe there are only 588 homes worth $1 million or more in Albuquerque either. The North Valley, North Albuquerque Acres, Foothills, East Mountains, etc. have literally thousands of homes and I'm quite sure a good number of them could sell for $1 million or more. That's not even getting into areas outside of Bernalillo County, such as Placitas, Corrales and Bosque Farms, etc., which are pretty much exclusively made up of high dollar homes.
BTW, I love how you jump in to dispute Albuquerque’s showing in this thread. Albuquerque’s still not on your mind, I guess, lol
FYI, here is the Metro Division Populations for 2020 from bea.gov
Metro Division, 2020 Population
New York-Jersey City-White Plains, NY-NJ 11,746,214
Los Angeles-Long Beach-Glendale, CA 9,943,046
Chicago-Naperville-Evanston, IL 7,071,372
Dallas-Plano-Irving, TX 5,171,934
Washington-Arlington-Alexandria, DC-VA-MD-WV 5,007,652
Anaheim-Santa Ana-Irvine, CA 3,166,857
Seattle-Bellevue-Kent, WA 3,104,708
Nassau County-Suffolk County, NY 2,825,607
Oakland-Berkeley-Livermore, CA 2,814,656
Miami-Miami Beach-Kendall, FL 2,707,303
Warren-Troy-Farmington Hills, MI 2,563,513
Fort Worth-Arlington-Grapevine, TX 2,522,204
Cambridge-Newton-Framingham, MA 2,400,642
New Brunswick-Lakewood, NJ 2,384,685
Newark, NJ-PA 2,167,853
Philadelphia, PA 2,145,240
Boston, MA 2,034,729
Montgomery County-Bucks County-Chester County, PA 1,988,615
Fort Lauderdale-Pompano Beach-Sunrise, FL 1,958,105
Detroit-Dearborn-Livonia, MI 1,740,623
San Francisco-San Mateo-Redwood City, CA 1,624,914
West Palm Beach-Boca Raton-Boynton Beach, FL 1,507,600
Frederick-Gaithersburg-Rockville, MD 1,316,973
Camden, NJ 1,246,650
Tacoma-Lakewood, WA 913,890
Lake County-Kenosha County, IL-WI 863,264
Elgin, IL 766,139
Wilmington, DE-MD-NJ 727,401
Gary, IN 705,863
Rockingham County-Strafford County, NH 442,840
San Rafael, CA 257,332
That's assessed value, which is different than listing prices and sale prices. I'm sure the Redfin figure isn't correct for Albuquerque, but I also don't believe there are only 588 homes worth $1 million or more in Albuquerque either. The North Valley, North Albuquerque Acres, Foothills, East Mountains, etc. have literally thousands of homes and I'm quite sure a good number of them could sell for $1 million or more. That's not even getting into areas outside of Bernalillo County, such as Placitas, Corrales and Bosque Farms, etc., which are pretty much exclusively made up of high dollar homes.
BTW, I love how you jump in to dispute Albuquerque’s showing in this thread. Albuquerque’s still not on your mind, I guess, lol
Nope, just making a correction, but funny how you get riled up about that. I guess I appear to be on your mind again for some odd reason. I'll see you next time lol.
Nope, just making a correction...but I appear to be on your mind again for some odd reason.
No, it would be great for me to read a thread and not see Albuquerque brought up out of the blue by you or to see you chiming in out of the blue to dispute its showing in a list like this. I'm just going on about my normal thread reading here. You don't see me trying to diminish Phoenix in random threads, lol
No, it would be great for me to read a thread and not see Albuquerque brought up out of the blue by you or to see you chiming in out of the blue to dispute its showing in a list like this. I'm just going on about my normal thread reading here. You don't see me trying to diminish Phoenix in random threads, lol
Good lord. I don't post here on CD to ensure that ABQ is kept out of conversations just to make you happy. I wasn't even the first person to post about ABQ in this thread. Furthermore, I couldn't care less if you try to diminish Phoenix in any capacity. I've been posting here since 2007 and when it comes to PHX, I've seen it all.
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