10 Cities Where Home Sellers Can Win

Great Expectations

The housing market remains bleak, but new numbers from housing site Zillow.com indicate that some sellers are getting pretty close to their asking price. The site aggregated pricing information on its database from more than 100 million properties nationwide to see which cities had the highest median sale to list price ratio—a fancy way of saying what the property actually sold for versus the homeowner’s asking price.

The stats don’t exactly illustrate that the housing markets on the list are robust. In fact many of the cities on the list are in some of the states with the most foreclosures, indicating that perhaps homeowners are just getting more realistic about their asking price. However, the data do point to cities where properties are now netting close to what the owner was expecting when he or she put it up for sale. And in this housing climate, that’s as close to a win as a seller can get.

Still, a spokesperson for Zilllow reiterates that “homeowners should holistically consider their personal financial situation – home equity, how long they have owned their home, local market conditions – when deciding whether or not to sell their home.”

Find out if you live in an area where your property will sell for what you’re asking for.

Photo Credit: Nate Steiner