The 20 Hottest Real Estate Markets in the U.S. in 2017

The housing market is on fire for 2017. Real estate agents have been busier than ever in brokering buying and selling, according to the most recent data released in June of this year. Inventory for professionals has been on a steady decline, indicating that there is a serious shortage of houses and other type dwellings. The nationwide median home price is over $275,000 which reflects a 9% increase in value over the past year. Although this is not the case in every market, it is a trend that is spreading further throughout the United States. There are simply fewer homes up for sale when compared with the data from the previous year.

The majority of homes that are placed on the market are selling in record time. In 2016, the average time that a property sat on the market was 60 days and a year later it is 55. New homes are being listed with over 530,000 added in the past year, however, there are fewer on the market in comparison because they are selling so fast. It appears that there is a market for new construction to ramp up its efforts.

Here are the top 20 hottest real estate markets in the United States as set by the shortest average length of time that houses sit on the market:

Add Comment

10 Things You Didn’t Know About Slalom Consulting CEO Brad Jackson
No Preview
Ready, Set, Be an Agent for Change!
10 Things You Didn’t Know about Insight CEO Ken Lamneck
Your Next Corporate Presentation Should be Treated Like An Enterprise Asset
The 10 Best Credit Card Strategies for Married Couples
How the End of Net Neutrality Could Affect Your Finances
How to Get Health Insurance if You Missed the Enrollment Deadline
The Best Ways to Recover from Overspending on Holidays
Voice Interfaces are Finding Their Way into Businesses
The Top 20 Scientific Breakthroughs in History
Ice-Diving Drones Embark on Risky Antarctic Mission: But Why?
Nonprofit Technology Trends for 2018, and Beyond
The Top Five Wellness Retreats in the United States
The Top 20 Presidential Vacation Spots
The Top Five Luxury Hotels in Tel Aviv, Israel
The Top Five Hotels for Visiting Botswana
A Closer Look at the 2018 KTM X-Bow GT4 Racer
The Porsche Mission E: Everything We Know So Far
20 Things You Didn’t Know about McLaren
SSC North America Teases Tuatara Supercar
10 Things You Didn’t Know About Coggiola Watches
A Closer Look at the Armin Strom Mirrored Force Resonance
A Closer Look at the Urwerk UR-210 Dubai Edition
Five Watches That Made Serious Buzz in 2017