San Francisco Ranked the #1 Hottest Market in the US
Is a winter chill sweeping through the housing market? Fewer homes were for sale in January and for those that were on the market, they saw slower market times, according to realtor.com®’s latest analysis.
The median age of inventory now stands at 100 days – with homes taking 6 percent longer to sell in January than in December. The median listing price for January was $227,000, which is up about 8 percent year-over-year.
Still, a handful of markets are outshining the national market. Realtor.com®’s latest report pinpoints 20 housing markets that are “beating the winter chill.” These markets have page views at realtor.com® that are two to five times more than the national average. Also, homes are moving in 30 to 50 days more quickly.
According to realtor.com®, the following 20 markets thrived the most last month: