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Report details ZIP codes with greatest premium above list price
Four California ZIP codes earned places on the third quarter “Hot Market” list compiled by ZipRealty. 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 tracked by ZipRealty were: Rancho Bernardo, 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).