There is an interesting sales trend in our Paragon Multiple listing service regarding the comparison of sales above and below the $900,000 price point.
In 2007 there were 11,575 sales under $900,000 and 2,329 over $900,000.
In 2009 there were 17,483 sales under $900,000 and 724 over $900,000.
The sales under $900,000 were up 51% from 2007.
The sales over $900,000 were down 69% from 2007.