Realtors are pounding their chests about the resurgent market so I thought you might like some actual facts:
We have seen 19 single family residences go to contract so far this month, with just three asking (not necessarily getting) over $5 million. The same period in 2006 saw 46 contracts.
Just so you know.
For What It's Worth 
and how many of 19 and 46 are below $1 million?
Most, these days.
…and in 2006, properties were selling at multiple of assessed while in 2010 we see most sales for fraction of assessed.