San Diego ranks ninth nationally in sales of luxury homes, with more than 900 residences valued at $1 million or more sold in the past year, according to a new report.
The real estate firm Coldwell Banker released sales information Wednesday covering July 1, 2013, through June 30, 2014, it its Luxury Market Report.
La Jolla alone accounted for 348 luxury sales, four of them valued at over $10 million. The 92037 zip code ranked third in the U.S.
Here is how cities compared nationally in number of sales of properties worth $1 million or more.
- San Francisco – 2,485
- Los Angeles – 2,170
- New York – 2,145
- San Jose — 1,119
- Houston – 981
- Chicago – 972
- Naples, FL – 964
- Miami – 933
- San Diego – 927
- Washington –878
Coldwell Banker said the U.S. high-end residential real estate market remains strong, with 48 percent of all wealthy consumers indicating that they plan to purchase a luxury home within the next 12 months.
