Previews:
Million Dollar Sales Statistics
The sales volume
of million-dollar residential properties sold through Coldwell Banker
in 1996 was up 28% across the United States according to statistics
released by George Pelton, National Director of Previews. Through
year end 1996, two and one half years after the Previews Program
was revitalized and re-introduced, Coldwell Banker has enjoyed an
increase of more than 113% in sales volume for million dollar or
higher priced properties.
In 1996 Coldwell Banker was involved in the sale of 1238 properties
valued at one million dollars or more. The price range of million-dollar
properties sold, reached from properties priced at $1 million or
more in 35 different states, to the sale of Pacific Reflections,
a $16.5 million ocean front residence in Laguna Beach California.
The total sales volume for million dollar or higher priced properties
in 1996 was $1.93 Billion.
No other real
estate company in the world sells more residential properties in
the million dollar price range.
| Region |
Unit Sales 1994 |
Unit Sales 1995 |
Unit Sales 1996 |
% Change '94-95 |
% Change '95-96 |
% Change '93-96 |
| West |
442 |
594 |
780 |
33.94% |
31.76% |
157.43% |
| Midwest |
46 |
59 |
86 |
28.26% |
45.76% |
145.71% |
| Northeast |
209 |
246 |
284 |
8.29% |
15.45% |
47.15% |
| Southeast |
63 |
74 |
88 |
17.46% |
18.92% |
76.00% |
| Units Total: |
760 |
973 |
1238 |
27.76% |
27.5% |
113.08% |
| Volume Total: |
$1.2 billion |
$1.6 billion |
$1.9 billion |
32.29% |
21.25% |
113.63% |


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