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Sign into your accountReal Estate Statistics Determine Top 10 Sellers Markets: 5 Markets Located in California
July 23 2012
This post comes to us from the Showing Suite blog:
With home prices being at record lows in most of the country, it is refreshing to see more real estate markets beginning to progress back in favor of home sellers. In these markets, home sellers are more likely to sell their home for close to the asking price and spend less time on the market. Zillow recently released a market report based on May 2012 real estate statistics which analyzed several sets of data to determine whether buyers or sellers had the advantage in a given real estate market. The report revealed that five out of the ten markets where sellers have the upper-hand are located in California. Surprisingly, only one out of the ten markets are located on the east coast.
Take a look at the top ten real estate sellers markets:
1. San Jose, California
2. San Francisco, California
3. Las Vegas, Nevada
4. Sacramento, California