Surprise suburbs: Where SAs sellers are dropping their prices [Video]

House prices have risen extraordinarily across the state in recent years, dashing the hopes of many looking to enter the market.

But a new report by SuburbData offers a silver lining by highlighting the seven suburbs where sellers are dropping their prices the most.

And they can be found right across metropolitan Adelaide.

According to its research, sellers in Valley View in Adelaide’s northern suburbs and which is split across three council areas – the City of Salisbury, the City of Port Adelaide Enfield, and the City of Tea Tree Gully – have the biggest difference between original asking price and final sale price.

Houses here sell on average for 4.4 per cent less than their vendors originally wanted.

Norwood units weren’t too far behind, selling on average, for 4.2 per cent below their original asking price.