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5 of the Nation’s Top Ten Places to Sell a House are in California

The Movoto Real Estate Blog has analyzed the nation’s 100 largest cities in terms of population against a long list of criteria to determine the Top 10 cities in the nation for home sellers. When all was said and done, the results showed that five of the nation’s top ten places to sell a house are in California.

1. Fremont, CA

2. San Francisco, CA

3. San Jose, CA

4. Honolulu, HI

5. San Diego, CA

6. Plano, TX

7. Chula Vista, CA

8. Seattle, WA

9. Chandler, AZ

10. Gilbert, AZ

The study started with a list of the nation’s 100 largest cities in terms of population. Movoto then surveyed each across a set of six criteria. Says the Movoto Real Estate Blog:

Total Homes for Sale Per Capita
“A housing market with fewer properties available for sale will be more competitive, allowing sellers to set higher asking prices and increasing the likelihood that buyers will be willing to pay more.”

Median Days on Market
“Having homes that are on the market for less time is generally an indication that there’s high demand for them, but it also means that buyers will be in a weaker position to negotiate the sale price.”

Crime Rate
“The less crime there is, the more appealing a particular city will be to buyers, making the price they’ll be willing to pay to live there higher.”

School Quality
“On the same token, cities with better schools will also command a premium among buyers.”

Lower Unemployment Rate
“Finally, in a city with a lower unemployment rate, sellers can expect there to be more people who are actually capable of buying a home—getting approved for financing, potentially spending more, etc.

Last month, Movoto revealed the reverse – the Top 10 U.S. cities that favor the home buyer. These were:

1. Henderson, NV

2. Las Vegas, NV

3. Greenboro, NC

4. El Paso, TX

5. Lexington, KY

6. North Las Vegas, NV

7. Chesapeake, VA

8. Pittsburgh, PA

9. Fort Wayne, IN

10. Charlotte, NC

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