Million dollar home sales up 47% in CaliforniaA record number of million dollar homes were sold in California in 2005, according to a report released Tuesday.
DataQuick Information Systems said this marked the fourth consecutive record year, with 48,666 homes selling for seven-figure prices -- up 47 percent from 2004. About 10 percent of the buyers paid cash, down 15 percent from 2004, DataQuick said. Seven Silicon Valley ZIP codes were in DataQuick's list of the 25 which had the highest number of million dollar sales last year. They were:
- Hillsborough (94010 ZIP), where 396 million dollar-plus homes sold, with a top price of $6.5 million.
- Saratoga (95070), where 372 sold, and prices topped out at $5.8 million.
- Cupertino (95014), where 347 sold, and prices topped out at $2.55 million.
- San Jose (95138), where 285 sold, and prices topped out at $4.26 million.
- San Jose (95120), where 278 sold, and prices topped out at $3.7 million.
- Fremont (94539), where 274 sold, and prices topped out at $2.75 million.
- Los Altos (94024), where 252 sold, and prices topped out at $4.5 million.
What a GREAT lookin' group of people...the "haves" and the "have mores." Some people call you "the elite"...I call you "my base"...