August 2016’s 20 Hottest Housing Markets

August 2016’s 20 Hottest Housing Markets
realtor.com | August 25, 2016

NashvilleSkyBridge130x210Housing is sizzling in the last few weeks before the end of summer. According to Realtor.com®, it’s the “hottest August in a decade” for real estate.

Homes are selling 2 percent more quickly than a year ago and prices are reaching new highs. The median home was listed for $250,000 on realtor.com®, which is 8 percent higher than a year ago.

Realtor.com®’s research team did its annual checkup on housing markets across the country to identify which metros are seeing homes sell the fastest and garnering the most listing views (based on realtor.com® traffic). New cities added to its list this month included Kennewick, Wash., and Waco, Texas. Detroit also notably moved up in the rankings this month, up four spots to land in the top 10.

Here are the 20 real estate markets that topped realtor.com®’s list in August:

  1. Vallejo, California
  2. Dallas, Texas
  3. Denver, Colorado
  4. San Francisco, California
  5. Stockton, California
  6. San Diego, California
  7. Columbus, Ohio
  8. Waco, Texas
  9. Detroit, Michigan
  10. Sacramento, California
  11. Fort Wayne, Indiana
  12. Yuba City, California
  13. Modesto, California
  14. San Jose, California
  15. Fresno, California
  16. Colorado Springs, Colorado
  17. Santa Cruz, California
  18. Kennewick, Washington
  19. Santa Rosa, California
  20. Nashville, Tennessee

Source: “America’s 20 Hottest Markets for Real Estate in August 2016,” realtor.com® (Aug. 25, 2016); REALTOR® Magazine Online, Daily Real Estate News 082516

KENNETH BARGERS REALTOR® License 318311 | Pilkerton Realtors License 257352
(615) 512-9836 cellular • (615) 915-5901 facsimilekb@bargers-solutions.com email
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(615) 371-2474 office • (615) 371-2475 facsimile • 2 Cadillac Drive, Brentwood TN 37027 address

Author: Kenneth Bargers

REALTOR®, Tennis Player, Titans & Vols Fan, Nashvillian... let's connect on Instagram, LinkedIn, Pinterest adn Twitter. Learn more about me at http://www.bargers-solutions.com/about-me

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