Top 10 Markets Where Home Sales Are Hottest
August 6, 2015 11:30 AM
Sales of both new construction and existing homes are on pace to for their best year since 2007, and the accompanying purchase mortgage activity needed to facilitate this year's transactions is now forecasted to jump 25% from last year, to $801 billion.
From sun-soaked Phoenix to the frosty Twin Cities, here's a look at the 10 markets with the biggest year-over-year percent increases in home sales. The data, from RealtyTrac, is based on metropolitan statistical areas with more than 10,000 home sales in the first half of 2015.
From sun-soaked Phoenix to the frosty Twin Cities, here's a look at the 10 markets with the biggest year-over-year percent increases in home sales. The data, from RealtyTrac, is based on metropolitan statistical areas with more than 10,000 home sales in the first half of 2015.
No. 10: Phoenix-Mesa-Scottsdale, Ariz.
1H15 Home Sales: 47,869 (+11.92%)
June 2015 Average Sales Price: $232,979
June 2015 Average Sales Price: $232,979
No. 9: Orlando-Kissimmee, Fla.
1H15 Home Sales: 16,955 (+14.65%)
June 2015 Average Sales Price: $190,270
June 2015 Average Sales Price: $190,270
No. 8: Columbus, Ohio
1H15 Home Sales: 14,190 (+15.28)
June 2015 Average Sales Price: $199,202
June 2015 Average Sales Price: $199,202
No. 7: Nashville-Davidson-Murfreesboro-Franklin, Tenn.
1H15 Home Sales 15,421 (+17.41%)
June 2015 Average Sales Price: $238,932
June 2015 Average Sales Price: $238,932
No. 6: San Antonio, Texas
1H15 Home Sales: 10,017 (+17.82%)
June 2015 Average Sales Price: $242,588 (Source: San Antonio Board of Realtors)
June 2015 Average Sales Price: $242,588 (Source: San Antonio Board of Realtors)
No. 5: Tampa-St. Petersburg-Clearwater, Fla.
1H15 Home Sales: 26,352 (+18.64%)
June 2015 Average Sales Price $161,379
June 2015 Average Sales Price $161,379
No. 4: Charlotte-Gastonia-Concord, N.C.-S.C.
1H15 Home Sales: 15,920 (+20.46%)
June 2015 Average Sales Price: $213,995
June 2015 Average Sales Price: $213,995
No. 3: Seattle-Tacoma-Bellevue, Wash.
1H15 Home Sales: 26,016 (+21%)
June 2015 Average Sales Price: $419,614
June 2015 Average Sales Price: $419,614
No. 2: Portland-Vancouver-Beaverton, Ore.-Wash.
1H15 Home Sales: 25,034 (+21.68%)
Average home price in June: $339,482
Average home price in June: $339,482
No. 1: Minneapolis-St. Paul-Bloomington, Minn.-Wis.
1H15 Home Sales: 22,052 (+24.74%)
June 2015 Average Sales Price: $245,879
June 2015 Average Sales Price: $245,879
