According to realtor.com, in an analysis of October’s Hottest Markets, they reviewed listing views by Market as an indicator of demand and median days on the market as an indicator of supply. This anaysis led to the indentification of the 20 hottest medium-size to large markets in the country.
12 of the top 20 markets are in California.
These markets receive 1.8 to 3.6 times the number of views per listing as the national average.
They’re also seeing inventory move 30 to 47 days more quickly than the rest of the U.S. They have also seen days on the market drop by a combined average of 19% year over year.
The hottest markets list itself also remains relatively stable. Denver regained the top spot. Los Angeles, San Jose and Denver gained the most relative strength in the ranked markets, while Boulder and Fort Wayne broke into the top 20.
Hottest 20:
- Denver, CO
- San Jose, CA
- San Fransisco, CA
- Dallas, TX
- Vallejo, CA
- San Diego, CA
- Sacramento, CA
- Santa Rosa, CA
- Yuba City, CA
- Los Angeles, CA
- Stockton, CA
- Santa Cruz, CA
- Midland, TX
- Nashville, TN
- Oxnard, CA
- Detroit, MI
- Boulder, CO
- Ann Arbor, MI
- Modesto, CA
- Fort Wayne, IN
See the entire article on realtor.com here
Contact Raye Scott 858-229-5424 or Francine Finn 858-518-5288 for more info on San Diego Real Estate.
