Markets

These Cities Are Seeing Homes Sell for More Than Their Asking Price

The cities with the highest sale-to-list ratio are predominantly located in the Northeast, while the South recorded the lowest sale-to-list ratio
Sept. 12, 2024

The U.S. housing market has seen dramatic shifts over the past several months, with some markets seeing high demand from buyers because of it. To find out which U.S. cities are seeing the most interest from homebuyers, the ResiClub blog analyzed the sale-to-list ratio of the 250 largest U.S. metros and found that many homes in the Northeast are selling for more than the initial list price. On the other hand, southern cities—primarily in Florida—saw a low sale-to-list ratio.

Among the 250 largest metro area housing markets, these 10 markets had the HIGHEST sale-to-list ratio:

1. Rochester, NY —> 1.19

2. Buffalo, NY —> 1.08

3. San Jose, CA —> 1.07

4. Syracuse, NY —> 1.06

5. Hartford, CT —> 1.06

6. Trenton, NJ —> 1.05

7. San Francisco, CA —> 1.05

8. Bridgeport, CT —> 1.04

9. Manchester, NH —> 1.04

10. Madison, WI —> 1.04

Read more

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