Coldwell Banker affiliates sold 5,849 homes worth more than $1 million in the first half of 2003, the organization has reported.Sales for such homes rose 8.2% over the first six months of the year and 8.9% from midyear 2002 to midyear 2003, with the overwhelming majority falling in the $1 million to $5 million price range. California continues to be the largest market for luxury homes, with $5.5 billion of the $10 billion volume from January to June concentrated in that state. Of the 10 cities with the most luxury home sales, nine were in California. The 10th, Miami, is in Florida.
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