Denver Metro – Hottest Real Estate Market in the Country

The 20 Hottest Housing Markets in October

In case we needed further proof of just how how the local market is, here’s an article from the National Association of Realtors that shows Denver as the number one market in the country.

Daily Real Estate News | Tuesday, November 03, 2015

The overall housing market is showing signs of slowing, but yearly metrics are still solid, according to realtor.com®’s “Advance Read of October Trends.”

“Monthly inventory metrics point to a strong and steady market that has moved into the slower part of the year and reflect a momentum that has shifted to now favor buyers,” says Jonathan Smoke, realtor.com®’s chief economist. “Robust year-over-year housing metrics and traffic show just how far the housing market has come in 2015.”

Read more: 6 Things Fall Home Buyers Should Notice

Here’s a snapshot of findings from realtor.com®’s latest housing report:

  • National median list price: $232,000 – holding steady from September but up 6 percent year-over-year
  • Median age of inventory: 81 days – up 1 day from September but down by 3 days – or 7 percent – year-over-year

Twenty markets alone are seeing inventory move within 30 to 47 days quicker than the rest of the country. California dominates with 12 of those 20 markets, as tight supplies and strong economies continue to fuel its real estate markets.

According to realtor.com®, the following markets are the 20 hottest markets in the country for October, ranked by number of views per listing on realtor.com® as well as the median age of inventory.

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About Tom & Beth White-O'Connor

We've lived in Boulder and the surrounding mountain area for over 23 years. We're Realtors at The White-O'Connor Team, Coldwell Banker Residential Boulder. Tom loves to write, play music, look at houses and find great house deals! Beth can fix anything and she loves house design and remodeling. Our house is a testament to her creativity. We have a daughter in San Diego who gets to ride horses for a living. Our two cats and the most amazing 16 year old dog in the world keep us company at home. Give us a call at 720-276-0826 or 720-366-6196 if we can help you Buy or Sell a home or find a great rental property. Best, Tom and Beth.
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