The number of million dollar plus home sales within the Twin Cities metro area in the past year 491 and counting has passed the number 453 that sold in 2005 at the peak of the last real estate cycle.  Additionally, the supply of homes in that price range has decreased from a 38 month supply in 2009 versus a 13 month supply today.

http://www.marketwatch.com/story/record-sales-of-upper-end-homes-shows-strength-of-minneapolis-market-2015-12-14