If you've tried to buy a home in a coastal urban area in the past half-decade you won't be surprised to hear that Million-dollar homes are on the rise. As people continue to flock to urban areas and the housing shortage continues to grow, home prices also continue to grow. In some major U.S. cities, the majority of homes that are on the market are priced over $1 million. Even in cities where the median home listing price still falls under that million mark, the amount of homes listed for $1 million or more has increased over the past year.
10. Cambridge-Newton-Framingham, Mass.
Percentage of homes worth more than $1 million: 9.4%
9. Boston, Mass.
Percentage of homes worth more than $1 million: 9.8%
8. New York, New York
Percentage of homes worth more than $1 million: 10.3%
7. Seattle, Wash.
Percentage of homes worth more than $1 million: 13.3%
6. San Diego, Calif.
Percentage of homes worth more than $1 million: 13.8%
5. Los Angeles, Calif.
Percentage of homes worth more than $1 million: 19.6%
4. Honolulu, Hawaii
Percentage of homes worth more than $1 million: 19.8%
3. Oakland, Calif.
Percentage of homes worth more than $1 million: 30.7%
2. San Jose, Calif.
Percentage of homes worth more than $1 million: 70%
1. San Francisco, Calif.
Percentage of homes worth more than $1 million: 81%
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