As the end of the year draws near, we will be highlighting the best data maps Patch has run in 2013. It's part of our Newscruncher series, which breaks down the characteristics of your town by the numbers. If you see any technical issues with this map, or if you'd like to suggest ideas for future Newscruncher articles, please email firstname.lastname@example.org.
This map shows a snapshot of how many houses cost $1 million or more across different areas of your town.
Sales for homes priced at $1 million or more have been on the rise lately.
Experts say this partly due to a rise in stock prices and an increase in consumer confidence. In October, the sales for homes in that range rose 31 percent to 8,900 units from the same month last year.
Some economist suggest this much of a rapid increase may not continue into next year however due to slightly higher interest rates and the stock market possibly peaking out.
The data are from the United States Census Bureau's 2011 American Community Survey. These values are an estimate for 2011 taking into account 60 months of collected data. You can learn more about the survey here.
Using your cursor, you can hover over any census tract – the geographic region defined by the U.S. Census – and see how many homes are valued at $1 million or more, as indicated in the box in the upper right hand corner of the map.
What do you think explains the differences in home values across town? Tell us in a comment or a blog post.
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