"A limited inventory of homes on the market, combined with the extremely low cost of mortgage financing, has resulted in homes selling above asking price in many western markets, boosting the average listing closing price ratio," says Lanny Baker, ZipRealty's (a real estate brokerage company) CEO and president. Based on the list-to-close price ratios:
- San Francisco (102.5)
- San Diego (101.3)
- Sacramento (100.9)
- Las Vegas (100.7)
- Los Angeles (100)
- Orange County (100)
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"10 Best Markets for Home Sellers." Realtor Mag. 15 Feb 2013: n. page. Print. <http://realtormag.realtor.org/daily-news/2013/02/15/10-best-markets-for-home-sellers?om_rid=AAE1dZ&om_mid=_BRJorUB8w8W897&om_ntype=NARWeekly>.