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10 metros with fast-moving real estate

Denver, Tampa top Realtor.com list for lowest age of inventory
Published on Aug 4, 2011

Realtor.com has released a list of metros with the lowest median age of inventory at the site -- a measurement of how long a property from those market areas typically spends on the website.Denver topped the list of metros with the lowest median age of inventory in June 2011, at 30 days. That represents a 36.2 percent drop in the median age of inventory on the site on a year-over-year basis. Tampa was second on the list, at 43 days. Tampa also had the sharpest drop in median age on a year-over-year basis in June, at 62 percent.  Metros with lowest median age of inventory (June 2011) Rank MSA Median age of inventory % yr.-over-yr. change         1 Denver 30 days -36.17% 2 Tampa-St. Petersburg-Clearwater, Fla. 43 days -61.95% 3 Oakland, Calif. 46 days -2.13% 4 Fresno, Calif. 50 days -26.47% 5 Bakersfield, Calif. 57 days ...

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