Dallas a top market for million-dollar homes

DALLAS – Dallas is one of the top markets in the U.S. for million-dollar mansions based on homes sales and listings.

The city had 434 million-dollar home listings in the past 12 months, as well as 518 million-dollar luxury home sales, according to the 2013 Luxury Market Report by Coldwell Banker Previews International and Luxury Institute LLC.

The Big D ranked No. 11 in million-dollar listings and No. 15 on million-dollar home sales. Other cities surpassing Big D in million-dollar home listings and sales include New York with 2,350 listings and 4,557 sales, and Los Angeles with 934 home listings and 1,608 home sales.