Buyer’s markets
1 Chicago area. 4.7% unemployment rate. Median sales price for single-family homes: $302,898; homes sold for an average $16,015 below listing price; houses were on the market an average 108 days; and the average number of homes listed was 9,683.
2 Virginia Beach area. 4% unemployment rate. Median sales price for single-family homes: $255,737; homes sold for an average $11,959 below listing price; houses were on the market an average 104 days; and the average number of homes listed was 2,703.
3 Philadelphia area. 4.4% unemployment rate. Median sales price for single-family homes: $272,112; homes sold for an average $13,973 below listing price; houses were on the market an average 115 days; and the average number of homes listed was 5,952.
4 Jacksonville area. 3.3% unemployment rate. Median sales price for single-family homes: $255,144; homes sold for an average $15,229 below listing price; houses were on the market an average 102 days; and the average number of homes listed was 2,085.
5 Hartford, Conn., area. 4.3% unemployment rate. Median sales price for single-family homes: $277,086; homes sold for an average $12,105 below listing price; houses were on the market an average 116 days; and the average number of homes listed was 559. The remaining top buyer’s markets are the metro areas of New York-Newark, Miami, San Antonio, Birmingham, Ala., and Houston.