Let’s cut to the chase, yes, as you might expect, San Jose and San Francisco are the top two markets on the list of February’s hottest real estate markets. That won’t come as much of a surprise as San Francisco as had the top spot for four months in a row now. Another thing that won’t come as much of a surprise is to learn that 12 out of the top 20 markets are located in California.
In fact, as realtor.com reports, all of the top 20 markets are located in just six different states (California, Texas, Colorado, Tennessee, Oregon, and Florida) and most are clustered on the west coast of the United States.
To come up with this list, Realtor.com used the number of listing views by market as an indicator of demand and median days on market as an indicator of supply, and these 20 markets ended up with listings that were viewed two to five times more often than the national average. Additionally, homes in these markets move off the market 44 to 78 days more quickly than in other places in the U.S.
For the full list, click the link below.