RANK | METRO AREA | % LISTINGS WITH PRICE CUT | MEDIAN DAYS ON MARKET | SALE-TO-LIST-PRICE RATIO (%) | MEDIAN HOME VALUE |
---|---|---|---|---|---|
1 | San Francisco, CA | 11.5% | 57 | 98.6% | $957,400 |
2 | San Jose, CA | 15.3% | 61 | 97.2% | $1,245,800 |
3 | Seattle, WA | 15.2% | 77 | 96.6% | $489,700 |
4 | Denver, CO | 18.1% | 65 | 97.2% | $405,300 |
5 | Kansas City, MO | 14.5% | 66 | 98.2% | $191,600 |
6 | Phoenix, AZ | 19.2% | 61 | 97.4% | $264,900 |
7 | Sacramento, CA | 17.3% | 67 | 96.9% | $408,700 |
8 | Columbus, OH | 16.5% | 71 | 96.6% | $189,900 |
9 | Atlanta, GA | 16.1% | 77 | 97% | $217,500 |
10 | Indianapolis, IN | 17.9% | 70 | 97% | $163,900 |
United States | 15.8% | 83 | 96.2% | $225,300 |
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So Kansas City is hotter than SAC and Columbus hotter than Atlanta? Interesting…
Look at how much higher SJ median value is than SF…
That’s because SF metro includes the East Bay which drags down the medium price. Medium price of SF city itself is 1.5M which is even higher than SJ Metro.
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