Brian- nice prices, nice homes,lots of square footage! I like learning about your area. Katerina

Brian,

Informative post as always.  You get a lot more home for 1 million dollars in Virginia than in Palm Springs.  A 5500 sf home with over 1/2 acre of land would be around 2 million dollars here.   Have a great weekend.

Beautiful presentation ....as always....with loads of info, a few stats and some property info to keep it simple yet interesting. Woohoo!

Brian - Nicely done on this post.  These homes look really classic and appear to be a great value.  I hope you are having a great week!

These are some great homes and you did a great presentation. The pictures are beautiful ! So this is what a few mill will buy huh !

Hi Brian,
A million dollars does not buy what it used to.  I think I've told you before my brother lives in Great Falls, Va.  I have looked at some of these million dollar plus houses sitting on postage stamp lots.  Just another reason for buyers to come to my area, where you can get much more house and land for your money.  :0-)

Brian - Great looking presentation of the million $$ homes in your area. My market is similiar to yours. The upper end of the market has taken the biggest hit and the inventory is fairly substantial. It seems there are far fewer buyers in the million + range than there was a few years ago.

I like the "side load" garage styles in Vienna and Falls Church.

Brian,

Great post and anaysis!  All I need now is $1,000,000!

I'd have to say a Million dollars doesn't buy as much house as it used to.  I think in West Michigan, you'd get a little more bang for your buck in that regard.  

KATERINA:  Thanks for your comments.  I'm glad you enjoy learning about Northern Virginia.  Reading reports from around the country gives me a better idea of the markets in areas to which I may refer relocating clients in the future.

HAROLD:  It's always interesting to see what a certain price will purchase in various areas of the country.  It's all about supply and demand and location.  Thanks for stopping by to comment.

SALLY:  Thanks for the compliments on the post.  The more information people have about the price ranges and the types of homes available to them, the more educated decision they can make when it comes time to purchase.

JASON:  Thanks for continuing to comment on my "what can you buy in this price range" series.

MELISSA:  Thanks for your comments and compliments.  These are the million dollar homes -- wait until you see what a few million will purchase.

CYNTHIA:  It is true that $1 million does not buy you as much as in the past.  While these homes are quite nice representatives of the million dollar homes in our area, I've also been in million dollar homes that needed total upgrading -- old kitchens, horrible flooring, etc.  

BILL:  There is plenty of inventory in the upper price ranges -- partially because people who bought these homes a few years ago may no longer be able to afford them, especially if their ARM adjusted!

CHARLES:  I always prefer a side-load garage if possible.  Who wants the garage doors to stick out as a feature of the architecture?

MARTIN:  Let me know when you come up with that million.  I'm at your service.

DANIEL:  Location, Location, Location.

Great post Brian! Excellent for Localism.  

Mind boggling - 1003 homes sold over $1M!! Wow! 

We've only sold 192 to date.  I'm not sure if you saw but the #1 place that the Triangle is seing families relocate is Fairfax County, VA.

TRACY:  Thanks for your comments.  Prices remain pretty high here and there are lots of people who can still afford these luxury homes.  Thanks for letting me know about the relocation statistics.  We may have some referrals going on soon in that case...