Where Are Homes Selling Below Asking?

Several Florida cities, including Crestview, Deltona and Ocala, are a boon for buyers, coming in among the top 50 U.S. cities that had the most homes sell under the asking in 2023.

MIAMI – It's a tough time to be in the market for a new house.

The average 30-year fixed rate mortgage rose above 7% at the start of November 2022, the highest level in more than a decade, as the Federal Reserve raised its benchmark rates to combat inflation. Rates have dipped slightly since but remain at historic highs. Even a half of a percentage point change can significantly affect the monthly payments required for a mortgage.

Since mortgage rates were under 4% for the better part of the past decade, many homebuyers locked in far more affordable rates than what's on offer in today's environment. And sellers aren't exactly coming down on price—nationally, home prices are still increasing, just more slowly than they did during the height of the pandemic.

The median sale price in November 2023 was $408,732, according to Redfin, 3.7% higher than the year before. And yet, there are still metro areas where homebuyers find homes selling below the asking price, especially in markets that recorded large price growth over the last few years.

Stacker analyzed data from Redfin to see which metros had the most homes sell under the asking price. Metros include the main city as well as its surrounding towns and suburbs. Metros with fewer than 300 home sales in November 2023 are excluded from this list. The ranking considers the average sale-to-list ratio, which is the difference between what a home listed for and how much a buyer actually paid. Also listed are the metro area's median listing prices for homes on the market in November and median sale prices for homes that sold during that month.

50. Fayetteville, Arkansas

Average price difference: -1.93% under asking

Median list price: $380,000

Median sale price: $348,000

Total homes sold: 705

Share that sold above list: 14.8%

49. Fort Worth, Texas

Average price difference: -1.94% under asking

Median list price: $358,279

Median sale price: $350,000

Total homes sold: 1,832

Share that sold above list: 20.6%

48. Louisville, Kentucky

Average price difference: -1.97% under asking

Median list price: $263,900

Median sale price: $260,000

Total homes sold: 1,194

Share that sold above list: 22.4%

47. Spartanburg, South Carolina

Average price difference: -2.00% under asking

Median list price: $301,344

Median sale price: $280,000

Total homes sold: 391

Share that sold above list: 12.8%

46. Augusta, Georgia

Average price difference: -2.01% under asking

Median list price: $295,000

Median sale price: $260,000

Total homes sold: 599

Share that sold above list: 19.0%

45. Killeen, Texas

Average price difference: -2.15% under asking

Median list price: $289,650

Median sale price: $262,750

Total homes sold: 400

Share that sold above list: 16.2%

44. Honolulu, Hawaii

Average price difference: -2.19% under asking

Median list price: $759,000

Median sale price: $684,500

Total homes sold: 492

Share that sold above list: 22.8%

43. Tulsa, Oklahoma

Average price difference: -2.21% under asking

Median list price: $268,250

Median sale price: $250,000

Total homes sold: 890

Share that sold above list: 27.1%

42. Dallas, Texas

Average price difference: -2.25% under asking

Median list price: $425,000

Median sale price: $413,500

Total homes sold: 3,960

Share that sold above list: 16.2%

41. Indianapolis, Indiana

Average price difference: -2.28% under asking

Median list price: $279,900

Median sale price: $289,350

Total homes sold: 2,250

Share that sold above list: 16.9%

40. Little Rock, Arkansas

Average price difference: -2.29% under asking

Median list price: $255,000

Median sale price: $215,912

Total homes sold: 619

Share that sold above list: 19.2%

39. Flint, Michigan

Average price difference: -2.30% under asking

Median list price: $179,900

Median sale price: $180,000

Total homes sold: 423

Share that sold above list: 26.0%

38. Myrtle Beach, South Carolina

Average price difference: -2.31% under asking

Median list price: $350,770

Median sale price: $325,885

Total homes sold: 1,502

Share that sold above list: 8.4%

37. Baton Rouge, Louisiana

Average price difference: -2.34% under asking

Median list price: $264,900

Median sale price: $260,000

Total homes sold: 600

Share that sold above list: 11.0%

36. Orlando, Florida

Average price difference: -2.35% under asking

Median list price: $405,000

Median sale price: $399,990

Total homes sold: 2,810

Share that sold above list: 13.3%

35. Gary, Indiana

Average price difference: -2.38% under asking

Median list price: $274,935

Median sale price: $264,950

Total homes sold: 606

Share that sold above list: 19.3%

34. Daphne, Alabama

Average price difference: -2.39% under asking

Median list price: $399,441

Median sale price: $368,500

Total homes sold: 388

Share that sold above list: 9.5%

33. Pensacola, Florida

Average price difference: -2.40% under asking

Median list price: $339,000

Median sale price: $324,450

Total homes sold: 560

Share that sold above list: 15.2%

32. Detroit, Michigan

Average price difference: -2.40% under asking

Median list price: $154,900

Median sale price: $171,750

Total homes sold: 1,520

Share that sold above list: 37.1%

31. Reno, Nevada

Average price difference: -2.41% under asking

Median list price: $529,900

Median sale price: $535,000

Total homes sold: 408

Share that sold above list: 15.4%

30. Tampa, Florida

Average price difference: -2.45% under asking

Median list price: $395,000

Median sale price: $377,990

Total homes sold: 4,019

Share that sold above list: 12.8%

29. North Port, Florida

Average price difference: -2.52% under asking

Median list price: $518,736

Median sale price: $469,472

Total homes sold: 1,643

Share that sold above list: 11.9%

28. Houston, Texas

Average price difference: -2.52% under asking

Median list price: $339,900

Median sale price: $326,990

Total homes sold: 6,164

Share that sold above list: 14.1%

27. Lafayette, Louisiana

Average price difference: -2.66% under asking

Median list price: $242,000

Median sale price: $220,000

Total homes sold: 310

Share that sold above list: 13.5%

26. Jacksonville, Florida

Average price difference: -2.75% under asking

Median list price: $369,000

Median sale price: $375,000

Total homes sold: 1,819

Share that sold above list: 12.7%

25. Peoria, Illinois

Average price difference: -2.75% under asking

Median list price: $139,900

Median sale price: $146,900

Total homes sold: 401

Share that sold above list: 27.2%

24. Palm Bay, Florida

Average price difference: -2.76% under asking

Median list price: $373,900

Median sale price: $354,900

Total homes sold: 892

Share that sold above list: 9.4%

23. Hilton Head Island, South Carolina

Average price difference: -2.76% under asking

Median list price: $525,084

Median sale price: $530,000

Total homes sold: 400

Share that sold above list: 11.0%

22. Ocala, Florida

Average price difference: -2.78% under asking

Median list price: $281,944

Median sale price: $275,000

Total homes sold: 710

Share that sold above list: 13.5%

21. Montgomery, Alabama

Average price difference: -2.85% under asking

Median list price: $234,500

Median sale price: $234,725

Total homes sold: 330

Share that sold above list: 13.0%

20. Pittsburgh, Pennsylvania

Average price difference: -2.87% under asking

Median list price: $218,000

Median sale price: $210,000

Total homes sold: 1,755

Share that sold above list: 28.3%

19. Memphis, Tennessee

Average price difference: -2.92% under asking

Median list price: $278,000

Median sale price: $269,000

Total homes sold: 998

Share that sold above list: 17.0%

18. Austin, Texas

Average price difference: -2.95% under asking

Median list price: $489,990

Median sale price: $425,000

Total homes sold: 2,003

Share that sold above list: 12.0%

17. Deltona, Florida

Average price difference: -2.97% under asking

Median list price: $369,900

Median sale price: $351,995

Total homes sold: 984

Share that sold above list: 10.6%

16. Philadelphia, Pennsylvania

Average price difference: -3.15% under asking

Median list price: $260,000

Median sale price: $237,750

Total homes sold: 1,657

Share that sold above list: 26.5%

15. Crestview, Florida

Average price difference: -3.16% under asking

Median list price: $482,200

Median sale price: $409,900

Total homes sold: 519

Share that sold above list: 11.4%

14. Fort Lauderdale, Florida

Average price difference: -3.31% under asking

Median list price: $435,000

Median sale price: $426,000

Total homes sold: 1,946

Share that sold above list: 15.1%

13. Port St. Lucie, Florida

Average price difference: -3.34% under asking

Median list price: $429,900

Median sale price: $406,900

Total homes sold: 687

Share that sold above list: 10.6%

12. Cape Coral, Florida

Average price difference: -3.45% under asking

Median list price: $449,000

Median sale price: $395,000

Total homes sold: 1,318

Share that sold above list: 10.1%

11. Gulfport, Mississippi

Average price difference: -3.48% under asking

Median list price: $270,062

Median sale price: $249,650

Total homes sold: 380

Share that sold above list: 12.9%

10. Miami, Florida

Average price difference: -3.57% under asking

Median list price: $580,000

Median sale price: $515,000

Total homes sold: 1,772

Share that sold above list: 14.8%

9. Punta Gorda, Florida

Average price difference: -3.57% under asking

Median list price: $389,999

Median sale price: $353,248

Total homes sold: 488

Share that sold above list: 8.0%

8. Panama City, Florida

Average price difference: -3.83% under asking

Median list price: $399,900

Median real estate sale price: $360,000

Total homes sold: 315

Share that sold above list: 8.9%

7. San Antonio, Texas

Average price difference: -3.92% under asking

Median list price: $319,999

Median sale price: $295,000

Total homes sold: 2,156

Share that sold above list: 13.4%

6. Springfield, Missouri

Average price difference: -3.98% under asking

Median list price: $249,900

Median sale price: $264,400

Total homes sold: 465

Share that sold above list: 0.6%

5. Naples, Florida

Average price difference: -4.02% under asking

Median list price: $829,900

Median sale price: $601,000

Total homes sold: 595

Share that sold above list: 6.6%

4. West Palm Beach, Florida

Average price difference: -4.11% under asking

Median list price: $516,000

Median sale price: $460,000

Total homes sold: 1,764

Share that sold above list: 8.9%

3. New Orleans, Louisiana

Average price difference: -4.24% under asking

Median list price: $291,900

Median sale price: $268,000

Total homes sold: 776

Share that sold above list: 11.7%

2. Youngstown, Ohio

Average price difference: -4.36% under asking

Median list price: $149,900

Median sale price: $150,000

Total homes sold: 437

Share that sold above list: 25.4%

1. Jackson, Mississippi

Average price difference: -4.55% under asking

Median list price: $229,450

Median sale price: $210,000

Total homes sold: 431

Share that sold above list: 16.2%

DESIGN FOR MANUFACTURING AND ASSEMBLY



OUR DESIGN OPTIMIZATION Companies To the Enhanced
PERFORMANCE And value-Performance Of your respective Item
Optimization of the design for producing and assembly is An important process of product advancement. It can help eliminate needless costs and reduce the budget allocation to the output and assembly. Hence, addressing product opportunity issues and flaws inside the early levels tends to make equally producing and assembly easier, more rapidly, and cheaper. The following optimization solutions are the inspiration tools that our product layout agency works by using when engaged on your product design.

Layout Optimization for Production, design for relieve of manufacture, design and style for manufacturing and assembly, lanpdt

SEND US A Information

Style FOR Producing
AND ASSEMBLY METHODOLOGY

Style and design FOR
MANUFACTURING
DFM is really a process of engineering and refining the product or service style for relieve of manufacture. This technique allows for cutting the generation prices, improving performance and efficiency Design Optimization for Manufacturing in the item prior to producing. The primary aim of the look optimization for production is to lessen All round element manufacturing Price tag by minimizing the complexity of manufacturing operations.

Style and design Optimization for Producing, structure for simplicity of manufacture, style for producing and assembly, lanpdt

Design and style FOR
ASSEMBLY
DFA can be a means of generating an item’s design for relieve of assembly. The precedence is to minimize the quantity of products components and assembly functions. Therefore, it will eventually streamline the assembly process and Minimize the product assembly costs.

In the end, the two of such methods allow obtaining the most beneficial methods to enhance layout for producing and assembly. Simultaneously, they assist decrease overhead, labor costs, and the usage of Uncooked components. DFM and DFA also present prospects for shortening the solution growth cycle time. These procedures go hand in hand and will often be used as an individual process. These are often called Style and design for Producing and Assembly or DFMA.

OUR CONTACT INFO
318-373-6302

Jewelry History, Brands, & Exhibitions



TWEET ON TWITTER
PIN ON PINTEREST
The Cullinan Diamond: From Tough Stone to Royal Jewels and their Estimated Worth
Unearthing a Marvel: The Cullinan Diamond

The intriguing story with the Cullinan Diamond, the most important gem-top quality rough diamond at any time found, unfolds like an enjoyable novel crammed with geology, historical past, and magnificent craftsmanship. This epic tale has resulted in many of the most awe-inspiring and priceless jewels during the British Crown Jewels.

A Gem of Epic Proportions
The Tough Cullinan Diamond

In 1905, an unbelievable find transpired with the Leading No.two mine in Cullinan, South Africa. This was the invention of the Cullinan Diamond, weighing a whopping 3,106 carats. Named once the mine's operator, Sir Thomas Cullinan, the sheer sizing and quality of this rough diamond stirred the gemological entire world.

A Kingly Present
The Transvaal Colony authorities ordered the diamond, which was then gifted to King Edward VII of the uk on his 66th birthday. Regardless of the pitfalls related to the journey, the diamond was despatched to England via frequent write-up, cleverly diverting potential robbers by using a decoy.

Masterfully Sculpting the Cullinan
The obligation of reworking this enormous diamond into polished gems fell on Joseph Asscher of the renowned Asscher Diamond Organization. Just after months of examination, Asscher efficiently split the Cullinan into 9 substantial stones and various lesser fragments.

The Star of Africa: Cullinan I
The Great Star of Africa Diamond

The most important with the polished diamonds, the "Great Star of Africa" or Cullinan I, weighs a powerful 530.two carats. Currently mounted at the highest of your Sovereign's Sceptre, It really is one of the most valuable diamonds in the world. Its value, if bought now, could quickly exceed $four Royal Jewels hundred million.

The Second Star of Splendor: Cullinan II
The Cullinan II, also called the "Second Star of Africa," could be the fourth-biggest polished diamond globally, weighing 317.four carats. It adorns the Imperial Condition Crown and, like Cullinan I, could fetch various hundred million bucks resulting from its sizing, good quality, and historic importance.


Contact Us
We are at your service!
Thank you for visiting Eagle and Pearl Jewelers.

Have a question about our items or your purchase? Do you wish to find out more about special orders? We would love to hear from you! Just drop us an email.

[email protected]

Mailing Address:

Eagle and Pearl Jewelers

1001-A East Harmony Road #325, Fort Collins, Colorado 80525, USA



Telephone:

970-694-6584

Jewelry History, Brands, & Exhibitions



TWEET ON TWITTER
PIN ON PINTEREST
The Cullinan Diamond: From Tough Stone to Royal Jewels and their Estimated Worth
Unearthing a Marvel: The Cullinan Diamond

The intriguing story with the Cullinan Diamond, the most important gem-excellent tough diamond ever discovered, unfolds like an thrilling novel crammed with geology, heritage, and impressive craftsmanship. This epic tale has resulted in some of the most awe-inspiring and priceless jewels during the British Crown Jewels.

A Gem of Epic Proportions
The Tough Cullinan Diamond

In 1905, an unbelievable find transpired on the Leading No.2 mine in Cullinan, South Africa. This was the discovery from the Cullinan Diamond, weighing a whopping 3,106 carats. Named once the mine's owner, Sir Thomas Cullinan, the sheer size and top quality of this rough diamond stirred the gemological planet.

A Kingly Present
The Transvaal Colony governing administration purchased the diamond, which was then gifted to King Edward VII of the United Kingdom on his 66th birthday. Despite the challenges related to the journey, the diamond was despatched to England by means of common publish, cleverly diverting likely thieves which has a decoy.

Masterfully Sculpting the Cullinan
The obligation of transforming this huge diamond into polished gems fell on Joseph Asscher from the renowned Asscher Diamond Firm. Just after months of assessment, Asscher correctly break up the Cullinan into nine important stones and numerous smaller fragments.

The Star of Africa: Cullinan I
The good Star of Africa Diamond

The most important in the polished diamonds, the "Great Star of Africa" or Cullinan I, weighs an impressive 530.two carats. At this time mounted at the best with the Sovereign's Sceptre, it's Probably the most beneficial diamonds in the world. Its benefit, if marketed now, could very easily exceed $four hundred million.

The next Star of Splendor: Cullinan II
The Cullinan II, often known as the "Second Star of Africa," would be the fourth-biggest polished diamond globally, weighing 317.four carats. It adorns the Imperial Condition Crown and, like Cullinan I, could fetch various hundred million bucks as a consequence of its measurement, high-quality, and historical significance.


Contact Us
We are at your service!
Thank you for visiting Eagle and Pearl Jewelers.

Have a question about our items or your purchase? Do you wish to find out more about special orders? We would love to hear from you! Just drop us an email.

[email protected]

Mailing Address:

Eagle and Pearl Jewelers

1001-A East Harmony Road #325, Fort Collins, Colorado 80525, USA

Jewelry History

Telephone:

970-694-6584

Jewelry History, Brands, & Exhibitions



TWEET ON TWITTER
PIN ON PINTEREST
The Cullinan Diamond: From Tough Stone to Royal Jewels and their Approximated Value
Unearthing a Marvel: The Cullinan Diamond

The intriguing story in the Cullinan Diamond, the biggest gem-quality tough diamond at any time learned, unfolds like an fascinating novel full of geology, history, and amazing craftsmanship. This epic tale has resulted in several of the most awe-inspiring and priceless jewels inside the British Crown Jewels.

A Gem of Epic Proportions
The Rough Cullinan Diamond

In 1905, an incredible come across occurred for the Premier No.two mine in Cullinan, South Africa. This was the discovery from the Cullinan Diamond, weighing a whopping 3,106 carats. Named once the mine's owner, Sir Thomas Cullinan, the sheer dimension and top quality of the tough diamond stirred the gemological globe.

A Kingly Gift
The Transvaal Colony authorities obtained the diamond, which was then gifted to King Edward VII of the United Kingdom on his 66th birthday. Regardless of the threats associated with the journey, the diamond was despatched to England by means of regular write-up, cleverly diverting potential thieves by using a decoy.

Masterfully Sculpting the Cullinan
The responsibility of transforming this immense diamond into polished gems fell on Joseph Asscher on the renowned Asscher Diamond Organization. Soon after months of examination, Asscher properly split the Cullinan into nine sizeable stones and diverse smaller fragments.

The Star of Africa: Cullinan I
The Great Star of Africa Diamond

The largest of your polished diamonds, the "Fantastic Star of Africa" or Cullinan I, weighs a powerful 530.two carats. At the moment mounted at the top from the Sovereign's Sceptre, It is One of the more worthwhile diamonds on the globe. Its value, if bought these days, could easily exceed $four hundred million.

The Second Star of Splendor: Cullinan II
The Cullinan II, often called the "2nd Star of Africa," could be the fourth-biggest polished diamond globally, weighing 317.four carats. It adorns the Imperial Condition Crown and, like Cullinan I, could fetch several hundred million pounds as a result of its sizing, high-quality, and Royal Jewels historical significance.


Contact Us
We are at your service!
Thank you for visiting Eagle and Pearl Jewelers.

Have a question about our items or your purchase? Do you wish to find out more about special orders? We would love to hear from you! Just drop us an email.

[email protected]

Mailing Address:

Eagle and Pearl Jewelers

1001-A East Harmony Road #325, Fort Collins, Colorado 80525, USA



Telephone:

970-694-6584

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15