Homes Spend Less Time on the Market in These Cities

Competition is tight for California homebuyers

April 15, 2015
Homes Spend Less Time on the Market in These Cities
Homes Spend Less Time on the Market in These Cities

Trulia Trends reports on the places where homes are moving fastest this spring. It also found that in the slowest-moving markets, buyers need to move a bit faster than usual.

It's no surprise that the top five fastest moving markets are all in California: San Francisco, San Jose, Oakland, San Diego, and Orange County.

The list of slowest markets reflects more of a geographic mix, including Knoxville, Tenn., and Columbia, S.C.. The three slowest markets were in the state of New York: Albany, Long Island, and Syracuse.

To measure, Trulia calculated the share of homes for sale on its listing services website over a two-month period. Analysts first looked at homes listed on February 5, and then counted how many were still for sale on April 5.

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