Re:The Mega Rich Have Found an Unlikely New Refuge
by jgamman on Friday November 04, 2016 @03:50PM
(#12875473)
quite the reverse actually. most houses in akl sell by auction and not a quoted price (gotta let the market decide). the numbers you see referenced are almost certainly the average of actual selling prices.
By US state, Hawaii's average sales price is $740k (listing = $980k). DC's average listing price is $703k (sales = $538k).[0] If sales price, Auckland seems to be about $100k USD over Santa Cruz County, CA.
[0] https://www.trulia.com/home_prices/