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| Lanny Baker |
EMERYVILLE, CA, Feb. 19,
2014 /PRNewswire/ -- ZipRealty, Inc. (http://www.ziprealty.com) (NASDAQ: ZIPR),
the nation's most prominent online technology-powered residential real estate
brokerage firm and real estate marketing solutions provider, has released a
list of the Top 10 Best Cities for Home Sellers in 2014, based on housing
market trends in 24 metro areas nationwide.
"The real estate
markets in the western region soared compared to the rest of the country in
2013, based on data we compiled over the past year in our Housing Trends
Report," said Lanny Baker, CEO of
ZipRealty. "While we expect these metros to outperform once again this
year, it should be at a more measured pace."
ZipRealty ranked the top 10
metros based on three evenly weighted housing metrics – median sales prices,
median days on market and total housing inventory per capita.
The Top 10 Best Cities for
Home Sellers in 2014 are:
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1
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SF Bay Area
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2
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Sacramento
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3
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San Diego
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4
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Las Vegas
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5
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Orange County
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6
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Los Angeles
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7
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Dallas
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8
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Houston
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9
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Washington,
DC/Northern VA
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10
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Chicago
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Nationwide, here's how the
housing market performed in 2013 according to the National Association of
Realtors (NAR):
- Median home sales prices increased 11.5% on average over 2012.
- Homes stayed on the market for an average of 35 days.
- 6.6 homes on average were available per 1,000 people.
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| Van Davis |
Here's how the top three
metros surveyed by ZipRealty compared to the national averages:
San Francisco Bay Area:
Median home sales prices
increased nearly 35% on average over 2012.
Homes stayed on the market
for an average of 19 days.
1.1 homes on average were
available per 1,000 people.
Sacramento:
Median home sales prices
increased 32% on average over 2012.
Homes stayed on the market
for an average of 15 days.
3.3 homes on average were
available per 1,000 people.
San Diego:
Median home prices
increased 20% on average in 2013 over 2012.
Homes stayed on the market
for an average of 24 days.
1.9 homes on average were
available per 1,000 people.
"For home sellers in
today's market, finding the right real estate agent to list your home could
help you attain the highest possible listing price," said Van Davis, President of Brokerage Operations for ZipRealty.
"The Internet is a
great place to start informing yourself about agent qualifications and
expertise. Many tools are available online, including agent ratings and
reviews.
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| San Francisco Bay Area |
“It's important to find an
agent you are comfortable talking with, who can work with your schedule and is
responsive to your needs. Scheduling a few interviews to make your final
selection is also an excellent idea," he added.
"Online exposure of
your home is critical," added Mr. Davis. "Make certain the agent and
their brokerage are able to fully expose your property on the Internet since
93% of home buyers start their search there."
For a complete copy of the company’s news release, please
contact:
Stacey Corso
510.735.2667
scorso@ziprealty.com
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