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Home purchases kept up a furious pace as the days of August melted away. In the words of realtor.com®‘s chief economist, Jonathan Smoke, the sizzling market helped keep the median list price in the country at a balmy $250,000 in August.
Smoke said the season was “an extended summer with unprecedented interest in buying.” But there’s welcome news on the horizon for those who missed out on scoring a home this summer—less competition! Now that school’s started, home buyers don’t have to deal with buyers who wanted to end up in the right district before the first bell rang.
So, we’re saying you have a chance. But your chances are somewhat slimmer if you want to buy in one of the country’s hottest markets. Vallejo, CA, tops the countdown for the fourth month in a row, but in a delightful development, California accounts for only half of this month’s 10 hottest metros. Columbus, OH, Denver, and Dallas are familiar hot options, but we’d like to extend a warm welcome to Waco, TX, and a salute to the discounts of Detroit.
We picked a home in each of August’s 10 hottest markets. Only one of the homes is priced over a million bucks, meaning there are some cool homes in hot markets that aren’t out of reach pricewise. Take a look at these terrific 10…
1. Vallejo, CA417 Washington St
Price: $399,975
Hot note: “So much has been done to update this lovely home and yet keep the character of yesteryear.”
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2. Dallas, TX8431 Craighill Ave
Price: $815,000
Hot note: “Luxurious new construction in West Bluffview.”
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3. Denver, CO2081 S Grant St
Price: $439,000
Hot note: “Beautiful vintage Victorian style home freshly painted inside and out.”
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4. San Francisco, CA90 Entrada Ct
Price: $1,175,000
Hot note: “Handsome Spanish Mediterranean home tucked away on wonderful cul-de-sac.”
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5. Stockton, CA2444 Oregon Ave
Price: $240,000
Hot note: “Located near Country Club Golf Course for leisure and the freeway for commuting.”
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6. San Diego, CA7580 Melotte St
Price: $719,000
Hot note: “This thoughtful home lives big and is ideal for modern lifestyles.”
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7. Columbus, OH50 W Kenworth Rd
Price: $374,900
Hot note: “Visually stunning—from the classic design to the rich woodwork of the Craftsman style built-ins.”
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8. Waco, TX412 Meadow Mountain Dr
Price: $229,900
Hot note: “Terrific three bedroom on beautiful tree covered lot.”
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9. Detroit, MI14919 Rosemont Ave
Price: $109,900
Hot note: “Meticulously maintained brick bungalow on a wonderful tree lined street.”
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10. Sacramento, CA211 Meister Way
Price: $689,900
Hot note: “This home cleverly uses its horizontal lines and exterior courtyards to create generous expanses of light and space within.”
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The post 10 Terrific Homes in the End of Summer’s Hottest Markets appeared first on Real Estate News and Advice - realtor.com.
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