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.
Down 22%
In a gated country club about 20 minutes from the Strip, this five-year-old house has views of the golf course and mountains.
Sale price: $985,000
Town: Las Vegas
Bedrooms: 4
Taxes: $8,625
Square feet: 4,113
Lot size: 0.2 acres
NEXT: COLD MARKETS: Miami
In a gated country club about 20 minutes from the Strip, this five-year-old house has views of the golf course and mountains.
Sale price: $985,000
Town: Las Vegas
Bedrooms: 4
Taxes: $8,625
Square feet: 4,113
Lot size: 0.2 acres
NEXT: COLD MARKETS: Miami
Last updated February 18 2009: 6:20 AM ET
Source: 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.