Florida Trend | Florida's Business Authority

Housing: Mansion Hot Spots - Aug. 2004

Cambridge, Mass., has the highest percentage of single-family owner-occupied homes valued at $1 million or more, according to a Census survey. About one in every nine homes there is valued at $1 million or more. In Florida, Fort Lauderdale is the only city to make the top 10 nationwide:

City

Total Owner-Occupied

Single-Family Units

Homes Valued at

$1 Million or More

Percentage

Cambridge, Mass
4,453
516
11.6%

San Francisco

79,545
5,547
7.0
Pasadena, Calif.
19,318
912
4.7
Los Angeles
412,804
15,501
3.8
Fort Lauderdale
22,871
765
3.3
Berkeley, Calif.
15,869
510
3.2
Stamford, Conn.
18,034
485
2.7
Honolulu
40,162
1,048
2.6
Atlanta
61,208
1,597
2.6
Fremont, Calif.
40,429
1,052
2.6
U.S.
55,212,108
313,579
0.6

Sources: "Million-Dollar Homes and Wealth in the United States," Joint Center for Housing Studies, Harvard University; "Home Values: 2000," U.S. Census