AgentMarkets & Economy

Trulia: Where are the nation’s fastest-moving housing markets?

Trulia's Fastest Moving Markets Report finds that inventory is a major factor in fast home sales
  • San Jose was ranked as the fastest moving market with only 37.7 percent of homes taking longer than 30 days to sell.
  • San Francisco was ranked no. 3 on the fastest moving markets list but also no. 2 on the list for the biggest slowdown in home sales annually.
  • Houston saw the biggest slowdown in homes coming off the market on an annual basis.
  • Long Island was the top market where homes are coming off the market faster than a year ago.

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Throughout the nation, homes are being snatched up at a quicker pace so far this year than they were last year. According to a recent report released by Trulia, 66.6 percent of homes are still on the market after 30 days, representing a slight dip from 67.8 percent a year prior. The Trulia's Fastest Moving Markets ReportĀ found that starter homes and trade-ups are spending a little less time on the market in general, suggesting more first-time homebuyers are getting in the real estate ring. Premium homes haven't made much of a shift in the past year, sellingĀ at a slightly faster pace. Fastest moving housing markets California and the West Coast dominated the list of fastest moving markets. The final four markets on the list -- Colorado Springs, Denver, Dallas and Salt Lake City -- were the only ones not along the West Coast. San Jose ranked no. 1 as the fastest moving market with only 37.7 percent of homes taking longer than 30 days to sell. This was actually a bit slower tha...