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The Federal Reserve's efforts to curb inflation have pushed interest rates to levels unseen in more than two decades, and the number of homes selling each month has been on the decline for eight straight months now.
But homes are still selling, even if slowly. And they're still increasing in price, even if that increase has been slowed just a bit too. In fact, some are still selling for slightly more than list price.
Stacker analyzed data from Redfin to see which metros had the most homes sold over asking price. Data shows sales for the week ending 11/06/22. Metros where fewer than 12 homes were sold were excluded from this list, and the metros are ranked based on the average sale to list ratio. This is a mean ratio of the home sale price divided by the list price.
In the first week of Nov. 7, 816 homes were sold across the 50 metro areas analyzed for a median sale price of just over $350,000.
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