Redfin Reports There Are 7 Major Metros Where You Can Still Buy a Luxury Home for Less Than $1 Million, Down From 30 Just Five Years Ago

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical luxury home costs less than $1 million in seven of the top 50 most populous metros, down from 30 metros just five years ago. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The most affordable metro for buying a high-end property is Detroit, where the median price for a luxury home was $753,851 in April—44.1% less than the typical luxury home nationwide. That’s according to an analys