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As we wrap up a notable November and get ready to put a bow on 2016, the housing market shows no signs of post-Thanksgiving fatigue. The median list price of $250,000 hasn’t wavered despite an anticipated seasonal slowdown thanks to the holidays.
Inventory is down compared with last year, but demand for homes remains high—which means we’ve seen prices stay steady. As Javier Vivas, manager of economic research for realtor.com®, said, “waves of buyers intent on entering the market” are still on the hunt for homes.
And if you’re on the prowl in the hottest markets in the country, the hunt can be a true challenge. Our top 10 cities are familiar faces, with half of the metros in the Golden State.
To give buyers a sense of what to expect in these blazing hot locales, we’ve picked a nice home in each of the markets. And we even found a few bargains!
1. San Francisco, CA 319 Kensington WayPrice: $1,475,000
Hot note: “Offers period details, hardwood floors, bright living space, and amazing Pacific Ocean views.”
San Francisco, CA
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2. Dallas, TX 16817 Rustic Meadows DrPrice: $390,000
Hot note: “Gorgeous new flooring throughout, decorator colors, completely new bathrooms, all new windows and a private patio.”
Dallas, TX
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3. Vallejo, CA 315 Ohio StPrice: $499,000
Hot note: “Upgraded kitchen boasts refinished counters and stained glass cabinets with 1920s Wedgewood stove.”
Vallejo, CA
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4. Denver, CO 2607 S Gilpin StPrice: $899,500
Hot note: “This open, spacious and bright home is what you have been looking for.”
Denver, CO
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5. San Jose, CA 921 Dry Creek RdPrice: $3,995,000
Hot note: “Selected Home of the Year in 2004 by Architecture + Builder magazine.”
San Jose, CA
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6. San Diego, CA 4246 Trias StPrice: $1,586,000
Hot note: “An incredible drought tolerant front and side garden that has been awarded the Mission Hills Garden Club’s ‘Green Thumb Award.'”
San Diego, CA
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7. Stockton, CA 3313 Amberfield CirPrice: $319,500
Hot note: “Everything has been redone, from the exterior elastomeric paint to the interior upgrades in kitchen and all bathrooms.”
Stockton, CA
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8. Fort Wayne, IN 3914 Hiawatha BlvdPrice: $89,900
Hot note: “You will find this Cape Cod on a lovely tree-lined boulevard in popular Indian Village.”
Fort Wayne, IN
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9. Columbus, OH 755 Dennison AvePrice: $1,595,000
Hot note: “The ‘Circus House’ has been exquisitely renovated by interior designer/owner Fritz Harding with an incredible attention to detail.”
Columbus, OH
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10. Detroit, MI 849 Edison StPrice: $195,000
Hot note: “Live within a short drive of the action in New Center, Midtown and downtown.”
Detroit, MI
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The post We’ve Wrapped Up Fresh Homes in the 10 Hottest Housing Markets appeared first on Real Estate News and Advice - realtor.com.
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