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The 20 Hottest Real Estate Markets for February 2018: Get Ready...

Coming out of their winter doldrums, listing prices have begun their traditional spring climb and quickly reclaimed historical highs, hitting a median $275,000—which was last summer's peak. This indicates that we'll probably see an even higher peak this spring and summer, the prime season for buying and selling homes. While housing inventory grew 2% from January, it was down 8% from the February before. "A second wind in demand has extinguished weak bursts of new construction and new listings, putting a larger than expected dent on inventory," Vivas noted. With buyers scrambling to get their hands on these homes, the properties are moving off the market 8% faster than this time last year, spending a median 83 days on the market. And where were homes selling the fastest, and getting the most attention from home seekers? Using the key indicators of days on market and listing views per market, realtor.com came up with its monthly list of the hottest real estate markets in the nation. While San Francisco held onto its top spot this month, Midland, TX, jumped from its No. The rest belonged to Texas, Colorado, Ohio, Washington, and Indiana. The biggest movers were Spokane, WA, which jumped 13 spots from its January rank, and Fort Wayne, IN, which moved up nine.