Housing sales are improving significantly in key ZIP codes around the country where prices have moderated, according to information compiled for BusinessWeek.com by First American CoreLogic.
ZIP codes in California, Florida, Arizona and Nevada dominated the list, but there were also ZIP codes on the top 25 most-improved sales list from the suburbs around Detroit and Minneapolis and in the metro areas of Atlanta and Chicago.
Inventories are shrinking and prices are stabilizing in several markets, according to the survey. Here are the top 10 ZIP codes with improved home sales:
94533, Fairfield, Calif. (Fresno)
92376, Rialto, Calif. (Riverside-San Bernardino-Ontario)
91342, Slymar, Calif. (Los Angeles-Long Beach-Santa Ana)
92126, San Diego, Calif.
33914, Cape Coral, Fla. (Fort Meyers)
93065, Simi Valley, Calif. (Oxnard-Thousand Oaks-Ventura)
95123, San Jose, Calif.
85379, Surprise, Ariz. (Phoenix-Mesa-Scottsdale)
93722, Fresno, Calif. (Madera)
95624, Elks Grove, Calif. (Sacramento-Arden-Arcade-Roseville)
Source: BusinessWeek.com, Prashant Gopal (03/05/2009)