Ranking keeps Denver as hottest home-buying market in country
WESTLAKE VILLAGE, Calif. — A ranking from Realtor.com kept the Denver metro area as the hottest home-buying market in the country.
The website considers supply and demand, the number of views per listing and the median age of inventory.
Denver was ranked No. 1 in April as well.
“Denver resoundingly maintained the top ranking as inventory there shave six days off the median age while listing views grew 7 percent over April,” Realtor.com said. “Denver is experiencing substantial economic growth, and the tight supply of housing is resulting in the fastest moving inventory in the country. Additionally, Boulder places at No. 13, up four spots from No. 17 last month.”
Half of the 20 hottest markets were in California, with San Francisco-Oakland at No. 2 and San Jose at No. 3.