9 Homes in Huntington Beach for the price of 1 in Laguna Beach??

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Real Estate Agent with RE/MAX Select One

 

No, this is not a buy one get eight free special. While looking over Huntington Beach Real Estate news this morning I read an article from the OC Register which took a look at luxury home listings in Orange County. I LOVE the article because it pushes my practicality buttons. According to the atricle (http://huntingtonhomes.freedomblogging.com/) there are now 6 homes for sale in Orange County which are over the $30M mark. The article goes on to say that with $35M you could purchase 61 median priced homes, or 9 luxury homes that most celebrities would be lucky to have. 

For much of the country these numbers would be astounding, so I decided to do a little price comparison for myself and see what $35M would buy in some other parts of the country we love:

Anchorage Alaska: 134 Homes
Denver Colorado: 133 Homes
Houston Texas: 228 Homes
Muncie Indiana: 385 Homes
Elmira New York: 460 Homes
*Median home prices according to kiplinger.

Of course we all know that home prices are very high in California but I'm sure that many people don't realize just how high they are.See full size image
Would you rather own a castle in Laguna Beach, Or an empire in Muncie? 

Dixon Team OC

 

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Tags:
luxury homes for sale in huntington beach
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Rainer
77,750
Jami Asanovich
Smart Concept Realty, LLC - Gold Canyon, AZ
Doing the right thing, every time!

WOW, those are some very cool stats! I think I would take the 9 in Huntington. ;)

Feb 22, 2010 11:57 AM #1
Rainer
38,433
Jennifer Grace
Elk Grove, CA
Jennifer Grace

Muncie Indiana, here I come!

Feb 22, 2010 11:59 AM #3
Rainmaker
293,860
Monique Hailer & Todd Combs, PA
Schooner Bay Realty - Cape Coral, FL
Waterfront Specialists!

Wow ~ I was sonering were I should move for retirement!

Feb 24, 2010 06:45 PM #4
Rainmaker
608,773
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

Dixon Team--When I saw that your starter homes are in the $400,000 range, I knew the numbers were a bit off. Wow...our average home is in the $160,000-200,000 depending on where you buy in the Twin Cities. Can't even imagine.

Feb 25, 2010 08:33 PM #5
Rainer
19,509
Dixon Team OC
RE/MAX Select One - Huntington Beach, CA

Jami- I think I'm with you there. 

Jennifer- I sure wouldn't mind investing in half the city for the price of one home here in So Cal

Monique- Not Laguna Beach!! :-) 

Teri- It is pretty amazing to be honest. But it's nothing compared to before the crash when a basic 3 bd single family could run 600-700k and almost every unit within 2 miles of the beach was over 1 mil. 

Feb 28, 2010 12:26 PM #6
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Rainer
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Dixon Team OC

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