SEATTLE – Oct. 27, 2010 – Homes in key markets all over the country are selling above the asking price, according to ZipRealty’s third-quarter report. The report finds that the spread between the sales-to-list price ratio lessened significantly in most areas, but many high-end housing markets continued to offer great bargains for buyers.

The 10 hottest ZIP codes in the ZipRealty markets where the selling price was greater than the asking price were:

1. Greater Grand Crossing – Chicago, Ill. (60619)
2. Oakland, Calif. (94603)
3. The Loop – Chicago, Ill. (60603)
4. Excelsior – San Francisco, Calif. (94112)
5. Fort Lauderdale, Fla. (33309)
6. San Bernardino, Calif. (92411)
7. Oakland, Calif. (94621)
8. Covington, Wash. (98042)
9. Berkeley, Calif. (94702)
10. North Las Vegas, Nev. (89030).

The coldest ZIPs, where selling prices were below asking, were:

1. Statesville, N.C. (28677)
2. Singer Island, Fla. (33404)
3. Philadelphia, Pa. (19140)
4. Boca Raton, Fla. (33434)
5. Jacksonville, Fla. (32206)
6. Chester, Pa. (19013)
7. Naples, Fla. (34102)
8. Palm Beach, Fla. (33480)
9. Reading, Pa. (19602)
10. Durham, N.C. (27703)

Source: ZipRealty (10/22/2010)

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