Sure, we all know that money is spent on homes along the beach or in the mountains near top skiing areas but new luxury markets are emerging in what might be considered unlikely places.
These twelve metro areas are ranked by year-over-year growth in the $1 million+ listing count. The luxury entry price is also included:
- Fayetteville, AR – $1.017 million
- Durham, NC – $1.24 million
- Santa Fe, NM – $2.73 million
- Colorado Springs, CO – $1.003 million
- Knoxville, TN – $1.02 million
- Asheville, NC – $1.49 million
- Provo, UT – $1.29 million
- Kiryas Joel-Poughkeepsie, NY – $1.29 million
- St. George, UT – $1.5 million
- Savannah, GA – $1.03 million
- Hilton Head, SC – $1.97 million
- Portland, ME – $1.65 million