How Much Over Asking
How Much Over Asking Should You Offer? City by City Data
Updated November 4, 2026
Reviewed by:
Head of Growth at TurboHome
Head Agent, California · CalDRE #01997822
Nationally, 23.2% of homes sold above list price in the four weeks ending October 25, 2026 and the average sale-to-list ratio was 98.3% (Redfin, October 29, 2026), but our MLS closings show the answer swings from a median 13.7% over list in San Francisco (77.6% of homes sold above asking, and a quarter closed more than 31.6% over) to a median 3.0% under list in Austin (80.4% sold below asking, 72.7% of sellers cut the price first).
TurboHome Market Analysis · California and Texas · Closings August through October 2026 · Published November 2026
Oakland is close behind at a median 10.0% over list; San Jose, Sacramento, San Diego and Los Angeles sit at or near list; Houston, Irvine and Dallas close about 2% under.
How much over asking, city by city
Each row comes from that city's page, sorted from the biggest premium over list to the biggest discount. "Median close as % of list" compares the sale price with the asking price when the offer was accepted, so 113.7% means the median home sold 13.7% over list.
| City | Median close as % of list | Share sold above list | Share sold below list | Median premium when sold over list | 90th percentile close as % of list | Median days on market | Share with a price cut before closing | Median sale price |
|---|---|---|---|---|---|---|---|---|
| San Francisco, CA | 113.7% | 77.6% | 13.0% | 20.4% over list | 149.9% | 13 | 7.3% | $1,650,000 |
| Oakland, CA | 110.0% | 72.2% | 18.5% | 17.7% over list | 146.5% | 15 | 15.1% | $806,000 |
| Sacramento, CA | 100.0% | 52.5% | 30.7% | 2.1% over list | 105.1% | 19 | 32.7% | $440,000 |
| San Jose, CA | 100.0% | 42.9% | 46.2% | 3.8% over list | 108.7% | 16 | 26.8% | $1,350,444 |
| San Diego, CA | 99.3% | 29.6% | 53.3% | 2.4% over list | 103.5% | 17 | 30.5% | $935,000 |
| Los Angeles, CA | 99.3% | 35.1% | 52.8% | 3.9% over list | 108.3% | 24 | 27.6% | $1,135,000 |
| Houston, TX | 97.9% | 13.6% | 65.6% | 2.0% over list | 100.9% | 26 | 34.8% | $300,000 |
| Irvine, CA | 97.9% | 14.0% | 74.0% | 1.8% over list | 100.8% | 30 | 38.1% | $1,450,000 |
| Dallas, TX | 97.8% | 13.8% | 68.6% | 1.8% over list | 100.8% | 32 | 43.6% | $465,000 |
| Austin, TX | 97.0% | 7.3% | 80.4% | 1.5% over list | 100.0% | 80 | 72.7% | $530,000 |
How much over asking by region
Bay Area
Los Angeles and Orange County
Methodology
Each city page uses closings of single family homes, condos and townhouses from our MLS feed, closed August through October 2026 (Sacramento: May through October 2026, because the city sample is small), with the same months of 2025 for the year-over-year comparison. "Close vs list" is the closing price divided by the list price in effect when the offer was accepted; "close vs original asking" uses the first list price. "Sold above list" means the closing price exceeded the list price by any amount. Sales under $50,000 are excluded. Figures are medians unless stated. Published November 2026.
Related TurboHome guides
- California home buying guides
- Texas home buying guides
- Best time to buy a house, by city
- New construction vs resale homes, by city
- Down payment on a house, by city
- How long it takes to close, by city
- HOA fees by city
- Best first-time buyer neighborhoods, by city
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About the Author
Vinura Abeysundara
Vinura Abeysundara is a real estate and growth professional with experience scaling homebuying platforms across Canada and the United States. Formerly Head of Growth at Zown, he now works with TurboHome and writes about homebuyer savings, flat-fee real estate, commissions, and technology in real estate.
View Vinura on LinkedInAbout Kevin Kretzmer
Head Agent, California
Kevin Kretzmer leads TurboHome's California agent team and reviews California and national buyer guidance for practical brokerage accuracy.
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