Cities With the Highest Percentage of Luxury Home Sales
And the luxury home market has not been immune either: in 2020, the percentage of homes selling between $750,000 and $1 million and the percentage of homes selling above $1 million each topped 5% for the first time. Percentage of luxury home sales ($1M+): 3.11% Median property value for $1M+ homes: $1,345,000 Median income for $1M+ buyers: $350,000 Median down payment for $1M+ homes: $410,000 Percentage of luxury home sales ($1M+): 3.38% Median property value for $1M+ homes: $1,255,000 Median income for $1M+ buyers: $315,000 Median down payment for $1M+ homes: $390,000
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