Best in Texas?: US Cities with Largest Percent of $1M+ Homes. 4 in Texas. ALEX Labs. ALEX Austin, ALEX Dallas, ALEX Houston, ALEX San Antonio

According to Lending Tree and validated by?ALEX Labs, across the US $1M+ homes are uncommon. in most of the country.?The largest concentrations by state are California with 6, Texas and Florida with 4 and Ohio with 3. The #1 is San Jose with 52.89% of homes, compared to 3.51% in Austin the Texas area with the largest concentration.

Link:?https://blog.chime.me/www-alex-realestate/2022/07/07/best-in-texas-cities-with-largest-percent-of-1m-homes-4-in-texas-alex-labs-alex-austin-alex-dallas-alex-houston-alex-san-antonio/

TABLE OF TOP 50 METRO AREAS

Table Link:?https://blog.chime.me/www-alex-realestate/2022/07/07/best-in-texas-cities-with-largest-percent-of-1m-homes-4-in-texas-alex-labs-alex-austin-alex-dallas-alex-houston-alex-san-antonio/

LENDING TREE ARTICLE

“…Million-dollar homes are relatively uncommon in most of the country.?An average of only 4.71% of the owner-occupied homes in the nation’s 50 largest metros are valued at $1 million or more.

The prevalence of million-dollar homes can vary significantly by metro.?For example, 52.89% of owner-occupied homes are valued at $1 million or more in San Jose, Calif., making it the only one of the nation’s 50 largest metros where a majority of owner-occupied homes are worth at least $1 million. In the metro with the smallest share of $1 million homes, Buffalo, N.Y.,?that figure is 0.56%.

Of the 10 metros with the largest share of million-dollar homes, the four with the highest percentage of million-dollar homes are in California.?Driven by factors including dense populations and the significant wealth generated by the tech and entertainment industries, an average of 31.33% of owner-occupied homes across San Jose, San Francisco, Los Angeles and San Diego are valued at at least $1 million…”

Link:?https://www.lendingtree.com/home/cities-with-the-largest-share-of-million-dollar-homes/

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• Best in Texas?: Cities with Largest Percent of $1M+ Homes. 4 in Texas. ALEX Labs. ALEX Austin, ALEX Dallas, ALEX Houston, ALEX San Antonio
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