The number of million-pound property sales last year was up 54% on the year before, according to Lloyds TSB.
In contrast, there was a 1% fall in the number of sales of homes worth less than £250,000.
There were 7,185 million-pound property sales in Britain last year. Most (83%) were in London and the South-East.
Of the total, 1,429 were sales of properties costing £2m-plus, three-quarters of which were in London.
The bank estimates that there are now 184,000 homes in Britain worth at least £1m.
Comments
So in 2010 there were 7,185 houses sold for more than £1m.
That is 54% more than in 2009, which means that 4,666 house were sold for more than £1m that year.
Cool.
Except that 7,185 out of 184,000 is 3.9% of the stock levels.
That's really, really low.