Here are 7 cities, where there is a huge market for sellers, and the sellers are enjoying, the new found competition among home shoppers. Home prices are surging and homes are selling light hot cakes !
1. Oakland, Calif.
- May 2020 sales-to-list price: 101.2%
- May 2021 sales-to-list price: 110.8% (which means the average sale price in the area is nearly 11% higher than the average list price)
2. Rochester, N.Y.
- May 2020 sales-to-list price: 100.2%
- May 2021 sales-to-list price: 109.7%
3. Austin, Texas
- May 2020 sales-to-list price: 98.9%
- May 2021 sales-to-list price: 108.9%
4. San Jose, Calif.
- May 2020 sales-to-list price: 100.3%
- May 2021 sales-to-list price: 107.8%
5. San Francisco
- May 2020 sales-to-list price: 101.4%
- May 2021 sales-to-list price: 108.4%
6. Seattle
- May 2020 sales-to-list price: 100.4%
- May 2021 sales-to-list price: 107.7%
7. Buffalo, N.Y.
- May 2020 sales-to-list price: 99.9%
- May 2021 sales-to-list price: 106.7%
View the full list and read more about each of the “ultimate seller’s markets” for 2021 at Forbes.com.