The 20 Hottest Housing Markets for May 2016 | from NAR
California continues to dominate the list of the hottest housing markets in the country, but a few surprises are sneaking in this month. Realtor.com®’s list ranks the busiest and most in-demand real estate markets in medium-to-large metro areas.
Notably, Colorado – with Denver and Colorado Springs – is maintaining a strong hold within the top 20 list while Detroit and Ann Arbor in Michigan re-emerged this month.
“It’s a very affordable market now, benefiting from economic growth and a bit of renaissance,” says Jonathan Smoke, realtor.com®’s chief economist.
Taking into account median days on the market and listing views on realtor.com®, the real estate site reports the following 20 real estate markets are the ones to watch right now:
- Vallejo, Calif.
- San Francisco
- Denver
- Santa Rosa, Calif.
- Stockton, Calif.
- Dallas
- Sacramento, Calif.
- San Diego
- San Jose, Calif.
- Columbus, Ohio
- Ann Arbor, Mich.
- Kennewick, Wash.
- Colorado Springs, Colo.
- Fort Wayne, Ind.
- Santa Cruz, Calif.
- Eureka, Calif.
- Boston
- Modesto, Calif.
- Detroit
- Raleigh, N.C.
