One notoriously expensive area tops list of hottest real estate markets in the US
- The tech boom continues to drive up real estate prices in the notoriously expensive Silicon Valley and Bay Area regions of California.
- The housing market is so hot that properties are selling every 42 days, according to a recent GOBankingRates study.
- Relocating to the region comes with a high barrier of entry: The median list price is over $1 million.
The tech giants and startups of Silicon Valley continue to boost California’s real estate market. In fact, the Bay Area is the fastest-selling real estate market in the country right now.
Median List Price Is Over $1 Million in Northern California
5 Northern California Cities With the Hottest Real Estate Markets in the US
- Days on market: 44
- Median list price: $650,000
- Days on market: 43
- Median list price: $1,249,000
- Days on market: 43
- Median list price: $1,010,939
- Days on market: 42
- Median list price: $929,000
- Days on market: 38
- Median list price: $1,496,500