How much are homes really selling for compared to their asking prices?

Dennis Lee
Apr 18
1 min read

Updated: 11 hours ago

by Dennis Lee, CEO at Market Stadium

At Market Stadium, we ranked the Top 20 U.S. housing markets by Sale-to-List Price Ratio — calculated as median sold price ÷ median listing price over the past year.

This metric gives us a real-time snapshot of how much pricing power sellers have in each market — and where buyers are paying closest to list.

What We Found:

San Francisco leads with a perfect 100% — the only market where median home sales match asking prices.
→ This reflects ultra-tight inventory, high demand, and little room for negotiation.
North Port, Raleigh, Myrtle Beach, and San Diego all hover around 89–90%, showing strong seller-side momentum.
Florida metros dominate the list, with 6 of the Top 20 markets — including Tampa, Cape Coral, Orlando, and Jacksonville.
Denver, Riverside, and Las Vegas also rank high, suggesting continued competitiveness in Western metros.
Markets at the bottom of the Top 20 (Seattle, Portland, Hartford) still show solid ratios around 81%, but with slightly more room for negotiation

These price ratios were calculated using 12 months of combined listing and sales data, giving a clearer view of real-world pricing trends – beyond just asking prices.

Food for Thought:

In a market full of headlines, it’s the closing price that counts.

When buyers start paying closer to ask, it’s more than just demand — it’s confidence. And confidence tends to cluster — around jobs, inventory, and long-term fundamental.

Click the Book Demo button in the top navigation for a personalized walkthrough.

Explore our Product page or walkthrough website anytime for more info on features we provide!