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Metros where homes are selling for the most over asking price

Home sales have slowed considerably in the housing market this year. Stacker analyzed data from Redfin to see which metros had the most homes sold over asking price at the start of November.

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Paul Brady Photography // Shutterstock

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 November 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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#50. Harrisburg, PA metro area

Rina Pitucci // Flickr

- Average sale to list ratio: 1.002
- Total homes sold: 146
- Median sale price: $269,500

#49. Providence, RI metro area

spablab // Flickr

- Average sale to list ratio: 1.003
- Total homes sold: 323
- Median sale price: $410,000

#48. Albertville, AL metro area

formulanone // Wikimedia Commons

- Average sale to list ratio: 1.003
- Total homes sold: 26
- Median sale price: $253,000

#47. Bloomington, IL metro area

Teemu008 /// Flickr

- Average sale to list ratio: 1.003
- Total homes sold: 43
- Median sale price: $212,000

#46. Wilmington, DE metro area

Real Window Creative // Shutterstock

- Average sale to list ratio: 1.003
- Total homes sold: 164
- Median sale price: $327,450

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#45. New Brunswick, NJ metro area

Forevaclevah // Wikimedia Commons

- Average sale to list ratio: 1.003
- Total homes sold: 632
- Median sale price: $450,000

#44. Baltimore, MD metro area

Bruce Emmerling // Wikicommons

- Average sale to list ratio: 1.003
- Total homes sold: 607
- Median sale price: $335,000

#43. Omaha, NE metro area

JonClee86 // Wikicommons

- Average sale to list ratio: 1.004
- Total homes sold: 213
- Median sale price: $300,000

#42. Portland, ME metro area

Joseph Sohm // Shutterstock

- Average sale to list ratio: 1.004
- Total homes sold: 159
- Median sale price: $460,000

#41. York, PA metro area

Smallbones // Wikimedia Commons

- Average sale to list ratio: 1.004
- Total homes sold: 138
- Median sale price: $229,950

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#40. Lebanon, PA metro area

Pixabay

- Average sale to list ratio: 1.005
- Total homes sold: 43
- Median sale price: $250,900

#39. Boston, MA metro area

Sean Pavone // Shutterstock

- Average sale to list ratio: 1.005
- Total homes sold: 845
- Median sale price: $650,000

#38. Albany, NY metro area

Wangkun Jia // Shutterstock

- Average sale to list ratio: 1.006
- Total homes sold: 166
- Median sale price: $309,113

#37. Shelton, WA metro area

Artazum // Shutterstock

- Average sale to list ratio: 1.006
- Total homes sold: 25
- Median sale price: $425,000

#36. San Jose, CA metro area

Don Ramey Logan // Wikicommons

- Average sale to list ratio: 1.006
- Total homes sold: 206
- Median sale price: $1,377,500

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#35. Joplin, MO metro area

AbeEzekowitz // Wikimedia Commons

- Average sale to list ratio: 1.006
- Total homes sold: 48
- Median sale price: $174,965

#34. Milwaukee, WI metro area

Max Pixel

- Average sale to list ratio: 1.007
- Total homes sold: 325
- Median sale price: $292,000

#33. Frederick, MD metro area

Jon Bilous // Shutterstock

- Average sale to list ratio: 1.007
- Total homes sold: 286
- Median sale price: $510,000

#32. Oshkosh, WI metro area

Creative Commons

- Average sale to list ratio: 1.007
- Total homes sold: 39
- Median sale price: $250,000

#31. Hillsdale, MI metro area

Roberto Galan // Shutterstock

- Average sale to list ratio: 1.007
- Total homes sold: 14
- Median sale price: $168,500

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#30. Albany, OR metro area

Jmabel // Wikimedia Commons

- Average sale to list ratio: 1.007
- Total homes sold: 23
- Median sale price: $370,000

#29. Fort Polk South, LA metro area

Allison J. Hahn // Shutterstock

- Average sale to list ratio: 1.008
- Total homes sold: 39
- Median sale price: $177,700

#28. Keene, NH metro area

James Kirkikis // Shutterstock

- Average sale to list ratio: 1.008
- Total homes sold: 20
- Median sale price: $257,450

#27. Concord, NH metro area

Wangkun Jia // Shutterstock

- Average sale to list ratio: 1.008
- Total homes sold: 32
- Median sale price: $438,600

#26. Reading, PA metro area

Nicholas // Wikimedia Commons

- Average sale to list ratio: 1.009
- Total homes sold: 67
- Median sale price: $227,000

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#25. Camden, NJ metro area

FotosForTheFuture // Shutterstock

- Average sale to list ratio: 1.009
- Total homes sold: 336
- Median sale price: $295,000

#24. Worcester, MA metro area

John Phelan // Wikimedia

- Average sale to list ratio: 1.009
- Total homes sold: 212
- Median sale price: $396,500

#23. St. Marys, GA metro area

William Silver // Shutterstock

- Average sale to list ratio: 1.010
- Total homes sold: 26
- Median sale price: $308,407

#22. Syracuse, NY metro area

Doug Kerr // Wikimedia Commons

- Average sale to list ratio: 1.010
- Total homes sold: 121
- Median sale price: $182,000

#21. Bennington, VT metro area

E Pasqualli // Shutterstock

- Average sale to list ratio: 1.011
- Total homes sold: 14
- Median sale price: $222,000

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#20. Staunton, VA metro area

Ryan Stavely // Flickr

- Average sale to list ratio: 1.011
- Total homes sold: 27
- Median sale price: $305,000

#19. Santa Rosa, CA metro area

Matt314 // Wikicommons

- Average sale to list ratio: 1.012
- Total homes sold: 73
- Median sale price: $780,000

#18. Green Bay, WI metro area

Chris Rand//Wikicommons

- Average sale to list ratio: 1.012
- Total homes sold: 60
- Median sale price: $279,000

#17. Manchester, NH metro area

Sean Pavone // Shutterstock

- Average sale to list ratio: 1.014
- Total homes sold: 118
- Median sale price: $420,000

#16. Topeka, KS metro area

America's Power // Wikicommons

- Average sale to list ratio: 1.014
- Total homes sold: 41
- Median sale price: $191,500

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#15. Trenton, NJ metro area

Christopher Boswell // Shutterstock

- Average sale to list ratio: 1.015
- Total homes sold: 72
- Median sale price: $343,300

#14. Oakland, CA metro area

Sundry Photography // Shutterstock

- Average sale to list ratio: 1.015
- Total homes sold: 354
- Median sale price: $950,000

#13. Newark, NJ metro area

Mihai_Andritoiu // Shutterstock

- Average sale to list ratio: 1.016
- Total homes sold: 489
- Median sale price: $465,000

#12. Springfield, MA metro area

John Phelan // Wikimedia Commons

- Average sale to list ratio: 1.017
- Total homes sold: 150
- Median sale price: $315,000

#11. Augusta, ME metro area

Sean Pavone // Shutterstock

- Average sale to list ratio: 1.018
- Total homes sold: 37
- Median sale price: $252,000

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#10. Canton, OH metro area

Alycat // Wikimedia Commons

- Average sale to list ratio: 1.019
- Total homes sold: 92
- Median sale price: $167,450

#9. Lancaster, PA metro area

Smallbones // Wikimedia Commons

- Average sale to list ratio: 1.019
- Total homes sold: 118
- Median sale price: $325,000

#8. Hartford, CT metro area

John Phelan // Wikimedia

- Average sale to list ratio: 1.020
- Total homes sold: 308
- Median sale price: $312,406

#7. Appleton, WI metro area

Royalbroil // Wikimedia Commons

- Average sale to list ratio: 1.022
- Total homes sold: 52
- Median sale price: $258,700

#6. Ruidoso, NM metro area

Canva

- Average sale to list ratio: 1.022
- Total homes sold: 13
- Median sale price: $369,000

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#5. Burlington, VT metro area

Albert Pego // Shutterstock

- Average sale to list ratio: 1.026
- Total homes sold: 61
- Median sale price: $415,500

#4. Buffalo, NY metro area

Stephen Zimmermann // Wikimedia Commons

- Average sale to list ratio: 1.032
- Total homes sold: 175
- Median sale price: $250,000

#3. Marion, OH metro area

User:OHWiki // Wikimedia Commons

- Average sale to list ratio: 1.057
- Total homes sold: 18
- Median sale price: $154,200

#2. Batavia, NY metro area

Andre Carrotflower // Wikimedia Commons

- Average sale to list ratio: 1.067
- Total homes sold: 18
- Median sale price: $198,000

#1. Rochester, NY metro area

Theresa Marconi // Wikimedia Commons

- Average sale to list ratio: 1.088
- Total homes sold: 202
- Median sale price: $206,500

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