ZIP Codes With Greatest Premium Above List Price

December 12, 2009

Four California ZIP codes earned places on the third quarter “Hot Market” list. The list showcases ZIP codes where homes are selling for the greatest premium above list price. By contrast, California had eight of the top 10 markets in the second-quarter Hot Market list. Two Arizona markets—Glendale and Phoenix—made the list for the first time.

The 10 ZIP codes with the highest sales-price-to-list-price ratio among the 33 markets were: Rancho Bernardo (San Diego), Calif., 92127 (124.9 percent sales-to-list ratio); Davie, Fla., 33328 (123.2 percent); Grand Prairie, Texas, 75050 (120.1 percent); Commerce, Calif., 90022 (118.5 percent); Everett, Wash., 98205 (109.3 percent); Whitestone, N.Y., 11357 (108.5 percent); Glendale, Ariz., 85307 (107.6 percent); Phoenix, Ariz., 85035 (106.3 percent); Oakland, Calif., 94608 (105.6 percent; and Arleta (Los Angeles), Calif., 91331 (105.3 percent).

source: C.A.R.

Posted in Real Estate