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$1,000,000 plus

Here are the stats on residential properties of $1,000,000 or more sold in the County in 2005, 2006, 2007 and so far this year. Interesting to note that the average price per square foot for properties over $1,000,000 sold in the County was in 2005 - $330, 2006 - $345, 2007 -$338, and year to date in 2008 - $375 per square foot.  Average sold price as a percentage of final list price was in 2005 -93.75%, in 2006 - 93.38%, in 2007 - 94.89%, and year to date in 2008 - 95.40%.

2005

Active: 0 Pending: 0 Sold: 86 Other: 0 Total: 86
  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
Minimum 2 2.00 2,180 $895,000 $1,010,000 2
Average 3 4.00 4,659 $1,638,942 $1,536,487 252
Median 3 4.00 4,311 $1,395,000 $1,312,500 178
Maximum 6 6.00 9,002 $3,950,000 $3,825,000 1,604
Total Dollar Value         $132,137,876  
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
  0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 1 5 13 11 56
Breakdown % 1.16 5.81 15.12 12.79 65.12
Avg % SP/LP 100.00 98.59 94.74 94.96 92.80

2006

Active: 0 Pending: 0 Sold: 80 Other: 0 Total: 80
  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
Minimum 2 2.00 2,180 $1,029,000 $1,000,000 30
Average 4 3.96 4,530 $1,675,163 $1,564,214 270
Median 3 4.00 4,232 $1,380,000 $1,325,000 204
Maximum 6 6.00 11,839 $12,250,000 $9,500,000 1,654
Total Dollar Value         $125,137,084  
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
  0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 1 3 12 6 58
Breakdown % 1.25 3.75 15.00 7.50 72.50
Avg % SP/LP 94.59 92.36 96.85 95.51 92.69

2007

Active: 0 Pending: 0 Sold: 80 Other: 0 Total: 80
  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market
Minimum 2 2.00 2,266 $937,000 $1,000,000 0
Average 4 4.09 4,291 $1,529,425 $1,451,295 285
Median 4 4.00 3,851 $1,337,500 $1,286,000 212
Maximum 6 9.00 12,283 $4,900,000 $4,400,000 1,372
Total Dollar Value         $116,103,626  
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
  0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 5 5 2 8 60
Breakdown % 6.25 6.25 2.50 10.00 75.00
Avg % SP/LP 98.39 96.34 98.06 97.67 94.10

Year to Date - as of 9 November 2008

Active: 0  Pending: 0  Sold: 62  Other: 0  Total: 62
   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM
 Minimum  2   0.00   2,173   $867,000   $1,000,000   13 
 Average  4   0.00   5,081   $1,967,258   $1,872,813   263 
 Median  3   4.00   4,098   $1,512,500   $1,500,000    206 
 Maximum  16   0.00   38,000   $15,500,000   $16,500,000   807 
 Total Dollar Value           $116,114,400   
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
   0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days 
 No. of Listings   1    5    7    11    38 
 Breakdown %   1.61    8.06    11.29    17.74    61.29 
 Avg SP % LP   95.49    96.14    96.39    95.44    94.76