Coldwell Banker Real Estate Corp. reported that its affiliates sold 13,816 luxury homes priced above $1 million in 2003, a 24% increase vs. 2002. Sales of luxury homes rose 23%, the company said.
The 2003 Coldwell Banker Luxury Home Sales Report said that California continued to dominate luxury home sales, with six times more sales than any other state. The other states that made the top 10 for luxury home sales by dollar volume were Florida, Massachusetts, Illinois, New Jersey, Connecticut, New York, Hawaii, Washington and Minnesota.