Coldwell Banker News

Coldwell Banker(R) U.S. Luxury Home Sales Volume Climbed To A Record $55.9 Billion In 2005
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March 6th, 2006
Coldwell Banker®, a leader in luxury home sales, today announced that its 2005 total sales volume of luxury homes (valued at $1 million or more) in the United States and Puerto Rico surged to an all-time high of $55.9 billion, surpassing its previous record of $45.2 billion set in 2004, a 24 percent increase. Coldwell Banker affiliated companies nationwide participated in more than 31,000 luxury transaction sides(1) in 2005. The average sales price for luxury home transactions listed and/or sold by Coldwell Banker affiliated companies in 2005 was $1.79 million.

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