570 El Camino Real #150-449 Redwood City, CA. 94063

Homes In This City Sold Above Asking Price 92% of the Time

Source bizjournals.com | Re-Post MNM Partners, LLC 7/28/2016

Neighborhoods 300 wide

Daly City ranks No. 1 in houses sold over their asking price, according to the real estate site OpenHouse, which ranked six Bay Area neighborhoods as among the top 10 hottest housing markets in the country.

Crunching data from just last week, the survey found that homes in Daly City were sold above their asking price 92 percent of the time. Other hot local areas were South San Francisco, Fremont, San Mateo, Mountain View and San Jose.

The average price of a home listed during that same period was $649,900, of which more than 90 percent sold above asking, according to OpenHouse data.

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