Wednesday
April 23, 2014

Where Home Sellers Fared the Best This Summer

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Where Home Sellers Fared the Best This Summer

As the summer home buying season wraps up, realtor.com® reports which markets fared the best.

For home sellers who listed their homes in April, they tended to have the best chance to receive multiple offers as well as the shortest time on the market, according to realtor.com®

Over the season, inventory levels increased, adding greater  competition to the field and slowing the appreciation of prices in the majority of housing markets, realtor.com® found. 

Realtor.com® compiled a list of the “Top 10 Housing Markets Where Home Owners Wish They’d Listed in April,” which includes housing markets that saw the largest jumps in inventory from April to August. Most of the markets are still seeing prices rise, but the sellers who took advantage by listing their homes in April tended to fare the best. 

1. Orange County, Calif.
Change in inventory from April 2013 to August 2013: 100.3%

2. Los Angeles-Long Beach, Calif.
Change in inventory: 82.3%

3. Ventura, Calif.
Change in inventory: 75.1%

4. Riverside-San Bernardino, Calif.
Change in inventory: 70.3%

5. Oakland, Calif.
Change in inventory: 62.2%

6. Anchorage, Alaska
Change in inventory: 53.3%

7. Dayton-Springfield, Ohio
Change in inventory: 51.9%

8. San Jose, Calif.
Change in inventory: 47.6%

9. Seattle-Bellevue-Everett, Wash.
Change in inventory: 44.3%

10. Bakersfield, Calif.
Change in inventory: 38.7%

Source: “Housing Markets Where Home Listings Spiked This Summer,” realtor.com (Sept. 12, 2013)

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