Did you know that there are areas of the country with homes selling at our near 5% ABOVE the asking price? That’s right. Despite the general “perspective” on the housing market, there are many areas of the country with record growth and California holds 5 of the top 10 spots according to ZipRealty.
Chicago
Top Seller
The country’s “hottest selling ZIP” is found in the Greater Grand Crossing community in Chicago, Illinois. In Greater Grand Crossing it is common to see homes sell for 9 percent above list price. Other listed bright sites include, North Las Vegas, Fort Lauderdale, Florida and Covington, Washington.
Durham
Coldest Seller
In case you’re curious, the coldest ZIP in the country was located in Durham, North Carolina. Homes in this city sold for an average of 81% of list price during 3rd Quarter.
Are you seeing any of these trends in your market?