11 Fastest-Selling Real Estate Markets
Nationally, the median age of inventory of homes on the
market shrank slightly in May from April to 92 days, but still marks a 4.55
percent year-over-year increase.
But in
some markets homes are selling much faster. For example, the fastest-selling
market continues to be Denver, where homes are selling, on average, in just over
a month at 39 days. Here’s a look at the
fastest-selling markets from May, based on the median age of inventory of 146
markets tracked by Realtor.com. Denver
Median age of inventory: 39
Median list price:
$253,700Oakland,
Calif. Median age of inventory: 46Median
list price: $320,000Tampa-St.
Petersburg-Clearwater, Fla. Median age of inventory: 51 Median list price: $134,900San Francisco Median age of inventory: 57 Median list price: $628,000Washington, D.C.-Md.-Va.-W.Va.
Median age of inventory: 60 Median list price: $369,999Bakersfield, Calif.
Median age of inventory: 60 Median list price: $134,900Rochester, N.Y. Median age of inventory: 61Median list price: $139,900Omaha, Neb.Median age of
inventory: 61 Median list price:
$150,000Anchorage,
Alaska Median age of inventory: 61 Median
list price: $289,000Fresno,
Calif. Median age of inventory: 61Median
list price: $151,900San Jose,
Calif. Median age of inventory: 61Median
list price: $479,000By Melissa
Dittmann Tracey for REALTOR® Magazine online