Real estate

Mansion or shack? That's the million-dollar question

Aug. 1, 2014 at 2:47 PM ET

Swimming pool with a hot tub. Four bedrooms and four-car garage. Granite countertops and stainless-steel appliances. That's what $ 1 million will buy you in the Phoenix suburb of Mesa. 

What will the same seven-figure price tag get you in San Francisco? Not much. 

The Bay Area saw a record number of houses and condos going for $1 million and above in the spring, pushing the median selling price into the cool million-dollar range for the first time in June, real estate research firm CoreLogic DataQuick said this week. 

See how far a million dollars will go in other parts of the country.


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