Four California ZIP codes earned places on the third quarter “Hot Market” list . 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 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;
Arleta (Los Angeles), Calif., 91331 (105.3 percent).
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