Zillow looked at three factors to come up with the list: actual sales prices compared to asking prices, the number of days listings spent on Zillow and the percentage of homes on the market with a price cut.

1. San Jose, CA
2. San Francisco, CA
3. Sacramento, CA
4. Las Vegas, NV
5. Phoenix, AZ
6. Riverside, CA
7. Los Angeles, CA
8. San Diego, CA
9. Seattle, WA
10. Washington, DC

To read more – http://www.zillow.com/blog/2012-12-11/west-southwest-metros-offer-sellers-strong-opportunities-buyers-best-bets-are-in-midwest-mid-atlantic/