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News & Press: Industry News

Homes in Northern California are Selling Quickly at Prices Above Asking

Tuesday, April 18, 2017  
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According to Redfin.com, Northern California was home to three of the top five real estate markets in the nation in terms of median time on the market before a pending sale in February. Oakland was the second fastest market in the United States for sales in February, with a median time of 15 days on the market before a pending sale. The fourth and fifth fastest sales markets were San Jose and San Francisco with 21 and 28 days respectively. Not only are homes in these markets selling quickly, they are routinely commanding prices above asking, as 63% of the homes sold in San Jose in February sold above the list price.

California Land Title Association


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