These housing markets were the hottest for buyers in January and some may surprise you
The U.S.was home to some lively housing markets in January, but several areas emerged as the hottest, according to Realtor.com.Realtor.com put out a report last week identifying January’s “hottest” real estate markets across the country, looking at unique views that properties drew on its site for demand and how long listings were live for each of the markets.The top five spots on its ranking were largely dominated by places in the Northeast, with a city in Wisconsin also securing a spot, the report showed.Here are the markets that Realtor.com dubbed the five “hottest” in January.Homes in the Manchester-Nashua market spent a median of 46 days up for sale before being snapped up by buyers, with a median asking price of $579,000, according to the report.
Realtor.com said “ongoing demand in the area has prevented inventory from recovering, keeping attention-per-property high and market pace snappy.” Hartford, West Hartford, and East Hartford are all located within the center of the Constitution State, with Hartford serving as its capital city.The market had homes stay on the market for 51 days and notched 4.1 times as many views per property on Reatlor.com than the national median, the report found.Kenosha, which boasts a population of over 98,000, landed the No.
3 spot on Realtor.com’s list for January.Listing prices had a median of $335,000 during that month, it said. Compared to the national median, the Norwich-New London market notched 3.1 times as many views on Realtor.com’s site last month.
Fifty-two days was the median amount of time homes stayed on the market, one day more than the same month during the prior year, according to the report.Worcester climbed one place on Realtor.com’s monthly ranking, achieving No.5 for January.Following those five markets, Concord, New Hampshire, placed No.
6; Rockford, Illinois, placed No.7; Lancaster, Pennsylvania, placed No.
8; Providence-Warwick, Rhode Island, placed No.9; and Rochester, New York,...