Since 2012 the share of million dollar homes in the United States has increased from 1.6% to 3%, reports Trulia.
Among the 100 largest metro areas, San Francisco has seen the largest increase in the share of million dollar homes in the country, growing to 57.4% in 2016 from 19.6% of homes in 2012. It’s followed by two other Bay Area metros, No. 2 San Jose and No. 3 Oakland. But the phenomenon is not limited to the SF Bay Area: metros in Southern California, Hawaii, and the Northeast have also seen noticeable gains.
Via Trulia here's a look at the markets that have shown the largest increase in million dollar priced homes: