San Diego ranked as the nation’s sixth “hottest” real estate market in February with a typical listing available for only 38 days, according to Realtor.com.
The official website of the National Association of Realtors ranked Vallejo-Fairfield in Northern California first, followed by Dallas Ft. Worth, San Francisco, Denver, San Jose and then San Diego.
Seven of the top 10 markets were in the Golden State, but San Diego was the only market in Southern California.
“The spring buying season is off to a booming start,” said Jonathan Smoke, chief economist for Realtor.com. “Not only is the season starting a month early, February is also expected to see the fastest-moving inventory in a decade, as well as the highest home prices the month has ever seen.”
“Home buyers take note, this year is shaping up to be even more of a seller’s market than last year,” he added.
San Diego has consistently been in the top ten, and has ranked as high as fifth in previous months.
The ranking is based on searches of Realtor.com’s database of homes for sale.