Denver is the hottest housing market in the U.S., but California continues to dominate with 12 of the nation’s 20 hottest markets
Denver has moved to the top spot among the 20 hottest U.S. housing markets, according to realtor.com’s latest housing report.
According to the report, October’s 20 hottest markets received between 1.8 and 3.6 times the number of views per listing as the national average. Hot markets also saw inventory move 30 to 47 days sooner than in the rest of the country. The number of days a house spent on the market in the hottest metro areas also dropped by a combined average of 19% from last year.
While Denver topped the list, California dominated with 12 of the nation’s 20 hottest markets.
According to realtor.com, the hot market list was decided by deeming listing views as an indicator of demand and median days on the market as an indicator of supply.
The 20 hottest housing markets
According to the report, October’s 20 hottest markets received between 1.8 and 3.6 times the number of views per listing as the national average. Hot markets also saw inventory move 30 to 47 days sooner than in the rest of the country. The number of days a house spent on the market in the hottest metro areas also dropped by a combined average of 19% from last year.
While Denver topped the list, California dominated with 12 of the nation’s 20 hottest markets.
According to realtor.com, the hot market list was decided by deeming listing views as an indicator of demand and median days on the market as an indicator of supply.
The 20 hottest housing markets
- Denver, Colorado
- San Jose, California
- San Francisco, California
- Dallas, Texas
- Vallejo, California
- San Diego, California
- Sacramento, California
- Santa Rosa, California
- Yuba City, California
- Los Angeles, California
- Stockton, California
- Santa Cruz, California
- Midland, Texas
- Nashville, Tennessee
- Oxnard, California
- Detroit, Michigan
- Boulder, Colorado
- Ann Arbor, Michigan
- Modesto, California
- Fort Wayne, Indiana