April 2010

ZIP Codes Where Homes Sell Above List Price

Nine of the best-selling ZIP codes in the U.S. during the first quarter of 2010 — where homes sold for more than the asking price — were in California, according to a report released Wednesday by ZipRealty.

The market with the highest percentage of sales above asking price was in Chicago.

In some markets, sellers in move-up neighborhoods are putting homes up for sale, but there is still not a lot of inventory, so the market in those attractive ZIPs can be competitive, says ZipRealty Marketing Director John Oldham.

Here are the 10 ZIP codes where homes sold for more than the asking price in the first three months of 2010:

1. Chicago-Loop, 60603
2. Emeryville-Oakland, Calif., 94608
3. Oakland, Calif., 94621
4. Los Angeles, 90063
5. San Jose-East Valley, Calif., 95122
6. San Pablo, Calif., 94806
7. Los Angeles-Compton, Calif., 90222
8. Lathrop (San Joaquin County), Calif. 95330
9. Oakland, Calif., 94606
10. Oakland, Calif., 94603

Source: San Francisco Chronicle (04/22/2010)


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