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What you can get for $1 million
Here's what it would have bought you recently in six major metro areas: three where prices have risen the most in the past year and three where they've tanked.
COLD MARKETS: Riverside, Calif.
Listed for $1.4 million, this house (which has two master suites, a pool, hot tub, fire pit and gazebo) took six months to sell.
Sale price: $925,000
Town: Riverside
Bedrooms: 4
Taxes: $9,250
Square feet: 4,996
Lot size: 0.5 acres
NEXT: COLD MARKETS: Las Vegas
Last updated February 18 2009: 6:20 AM ET
RSSSource: Zillow.com; Tulsa Real Estate (Tulsa); Remax Plus (Rochester); Coldwell Banker Howard Perry & Walston (Raleigh); Coldwell Banker Armstrong Properties (Riverside); Dyson & Dyson Sotheby's International Realty (Las Vegas); Tomlinson Realty Group (Miami).
NOTES: Metro areas included are those with populations of 500,000 or more where median-price homes rose or fell the most last year through the third quarter. Only one metro area per state is included.
NOTES: Metro areas included are those with populations of 500,000 or more where median-price homes rose or fell the most last year through the third quarter. Only one metro area per state is included.
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