California metros dominated a list of 11 fast-moving real estate markets in July, reported property search site Realtor.com.Realtor.com released a list of metros with the lowest median age of inventory at the site -- a measurement of how long a property from a given metro area typically spends on the site.
Denver, which topped the list in June, once again had the lowest median age of inventory among metros, at a median 32 days. That's a 38.5 percent drop in the median year-over-year -- the biggest drop among the 11 most active markets. (See homes for sale in Denver.)
- <p> </p> <p> Median age of inventory: 32 days<br /> Year-over-year change: -38.5%<br /> <br /> See some homes for sale in <a href="http://realestate.aol.com/homes-for-sale-listings/Denver_CO" target="_blank">Denver</a>, like a <a href="http://realestate.aol.com/homes-for-sale-detail/2905-Bellaire-St_Denver_CO_80207_M14776-70913?ex=CO530762044" target="_blank">charming brick four-bedroom</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/8352-E-Amherst-Cir_Denver_CO_80231_M11066-07626 " target="_blank">well-kept three-bedroom with garage</a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/3587-Wabash-St_Denver_CO_80238_M15383-57507" target="_blank">three-bedroom with portico</a>. <br /> <br /> To see more homes for sale in Denver, click <a href="http://realestate.aol.com/homes-for-sale-listings/Denver_CO" target="_blank">here</a>. </p>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 46<br /> Year-over-year change: -8.0%</p> <br /> See some homes for sale in Oakland, like a <a href="http://realestate.aol.com/homes-for-sale-detail/6300-Majestic_Oakland_CA_94605_M16177-68784 " target="_blank">compact starter home</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/2529-Coolidge-Ave_Oakland_CA_94601_M27071-25654 " target="_blank">gated and thoughtfully decorated four-bedroom</a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/3000-Jordan-Rd_Oakland_CA_94602_M29345-22435 " target="_blank">minimalist two-bedroom</a>.<br /> <br /> Too see more homes for sale in Oakland, click <a href="http://realestate.aol.com/homes-for-sale-listings/Oakland_CA" target="_blank">here</a>. </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 51 days<br /> Year-over-year change: -23.9%<br /> <br /> See some homes for sale in <a href="http://realestate.aol.com/homes-for-sale-listings/Fresno_CA" target="_blank">Fresno</a>, like a <a href="http://realestate.aol.com/homes-for-sale-detail/510-W-Mesa-Ave_Fresno_CA_93704_M27316-16562" target="_blank">single-story family home</a>, this <a href="http://realestate.aol.com/homes-for-sale-detail/7025-North-Pleasant-Ave_Fresno_CA_93711_M19945-06644" target="_blank">thoughtfully-designed three-bedroom</a> or this <a href="http://realestate.aol.com/homes-for-sale-detail/2419-E-Pryor-Dr_Fresno_CA_93720_M10220-07333?ex=CA526875700" target="_blank">five-bedroom on a cul-de-sac</a>. <br /> <br /> To see more homes for sale in Fresno, click <a href="http://realestate.aol.com/homes-for-sale-listings/Fresno_CA" target="_blank">here</a>. </p> </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 59<br /> Year-over-year change: 15.7%</p> </div> <br /> <br /> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> See some homes for sale in the <a href="http://realestate.aol.com/homes-for-sale-listings/Shreveport_LA" target="_blank">Shreveport-Bossier area</a>, like a <a href="http://realestate.aol.com/homes-for-sale-detail/302-Montrose_Bossier-City_LA_71111_M75759-45024 " target="_blank">gambrel-roofed four-bedroom</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/336-Antietam-Dr_Bossier-City_LA_71112_M74024-39350" target="_blank">neatly-landscaped four-bedroom</a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/329-Crosscreek-Dr_Bossier-City_LA_71111_M78964-85323" target="_blank">large $400K family home</a>. <br /> <br /> Too see more homes for sale in the Shreveport-Bossier area, click <a href="http://realestate.aol.com/homes-for-sale-listings/Shreveport_LA" target="_blank">here</a>. </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 62 days<br /> Year-over-year change: -3.1%<br /> <br /> See some homes for sale in <a href="http://realestate.aol.com/homes-for-sale-listings/Bakersfield_CA" target="_blank">Bakersfield</a>, like an <a href="http://realestate.aol.com/homes-for-sale-detail/Bakersfield_CA_93311_M16887-15008" target="_blank">inexpensive stucco five-bedroom</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/8004-Nairn-Ct_Bakersfield_CA_93309_M28300-62361 " target="_blank">large home with manicured lawn</a> or this <a href="http://realestate.aol.com/homes-for-sale-detail/5701-Round-Up-Way_Bakersfield_CA_93306_M15037-73765" target="_blank">landscaped three-bedroom with driveway</a>.<br /> <br /> To see more homes for sale in Bakersfield, click <a href="http://realestate.aol.com/homes-for-sale-listings/Bakersfield_CA" target="_blank">here</a>. </p> </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 65 days<br /> Year-over-year change: 1.6%<br /> <br /> See some homes for sale in <a href="http://realestate.aol.com/homes-for-sale-listings/San-Jose_CA" target="_blank">San Jose</a>, like a <a href="http://realestate.aol.com/homes-for-sale-detail/2876-Parkrow-Ln_San-Jose_CA_95132_M17641-83678" target="_blank">newly-decorated starter home on the cheap</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/79-Cedar-Ln_San-Jose_CA_95127_M14185-47136" target="_blank">charming three-bedroom ranch house</a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/320-Adeline-Ave_San-Jose_CA_95136_M13222-30418 " target="_blank">Tuscany Hills townhouse</a>. <br /> <br /> To see more homes for sale in San Jose, click <a href="http://realestate.aol.com/homes-for-sale-listings/San-Jose_CA" target="_blank">here</a>. </p> </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb (51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 65 days<br /> Year-over-year change: 1.6%<br /> <br /> See some homes for sale in the Stockton-Lodi area, like a <a href="http://realestate.aol.com/homes-for-sale-detail/4878-Bridgewater-Cir_Stockton_CA_95219_M17929-34062" target="_blank">comfortable four-bedroom with three-car garage</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/10505-Big-Oak-Cir_Stockton_CA_95209_M25686-53329" target="_blank">bargain single family home </a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/3782-Hatchers-Cir_Stockton_CA_95219_M16549-98287?ex=CA529815000 " target="_blank">San Joaquin single-story four-bedroom</a>.<br /> <br /> To see more homes for sale in the Stockton-Lodi area, click <a href="http://realestate.aol.com/homes-for-sale-listings/Stockton_Cali" target="_blank">here</a>.</p> <p> <strong>CORRECTION:</strong> An earlier version of this gallery showed an image from Lodi, Italy, as depicting Lodi, Calif.</p> <p> </p> </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 65 days<br /> Year-over-year change: 0.0%<br /> <br /> See some homes for sale in <a href="http://realestate.aol.com/homes-for-sale-listings/Anchorage_AK" target="_blank">Anchorage</a>, like a <a href="http://realestate.aol.com/homes-for-sale-detail/2980-Brookridge-Cir_Anchorage_AK_99504_M79202-74691" target="_blank">four-bedroom with mountain views</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/3825-Remington-Cir_Anchorage_AK_99507_M79356-16887" target="_blank">house in the woods</a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/6305-Tay-Cir_Anchorage_AK_99502_M70878-91227" target="_blank">dual-level four-bedroom</a>. <br /> <br /> To see more homes for sale in Anchorage, click <a href="http://realestate.aol.com/homes-for-sale-listings/Anchorage_AK" target="_blank">here</a>. </p> </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 66 days<br /> Year-over-year change: -12.0%<br /> <br /> See some homes for sale in the <a href="http://realestate.aol.com/homes-for-sale-listings/Boulder_Colorado" target="_blank">Boulder-Longmont area</a>, like a <a href="http://realestate.aol.com/homes-for-sale-detail/2968-Eagle-Way_Boulder_CO_80301_M17780-89102" target="_blank">two-story townhouse</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/257-Magnolia_Boulder_CO_80302_M11070-02479 " target="_blank">mountainside home</a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/4229-Sumac-Ct_Boulder_CO_80301_M26384-26638 " target="_blank">well-landscaped three-story home</a>. <br /> <br /> To see more homes for sale in the Boulder-Longmont area, click <a href="http://realestate.aol.com/homes-for-sale-listings/Boulder_Colorado" target="_blank">here</a>. </p> </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 67 days<br /> Year-over-year change: -4.3%<br /> <br /> See some homes for sale in <a href="http://realestate.aol.com/homes-for-sale-listings/Detroit_Michigan" target="_blank">Detroit</a>, like a <a href="http://realestate.aol.com/homes-for-sale-detail/1005-Iroquois-St_Detroit_MI_48214_M31881-20103" target="_blank">large brick colonial</a>, a <a href="http://realestate.aol.com/homes-for-sale-detail/2060-W-Boston-Blvd_Detroit_MI_48206_M37442-12464" target="_blank">5,500-square-foot home for $300K</a> or a <a href="http://realestate.aol.com/homes-for-sale-detail/19240-Burlington-Dr_Detroit_MI_48203_M47625-17457" target="_blank">steep-gabled six-bedroom</a>.<br /> <br /> To see more homes for sale in Detroit, click <a href="http://realestate.aol.com/homes-for-sale-listings/Detroit_Michigan" target="_blank">here</a>. </p> </div>
- <p> </p> <div style="font-family: Verdana,Arial,sans-serif; font-size: 10pt; line-height: 12pt; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);"> <p> Median age of inventory: 67 days<br /> Year-over-year change: 4.7%<br /> <br /> See some homes for sale in <a href="http://realestate.aol.com/homes-for-sale-listings/San-Francisco_CA" target="_blank">San Francisco</a>, like this <a href="http://realestate.aol.com/homes-for-sale-detail/949-Somerset-St_San-Francisco_CA_94134_M11003-22552" target="_blank">townhouse with terraced fruit and vegetable garden</a>, this <a href="http://realestate.aol.com/homes-for-sale-detail/260-Charter-Oak-Ave_San-Francisco_CA_94124_M17278-66503" target="_blank">compact three-bedroom townhouse </a>or this <a href="http://realestate.aol.com/homes-for-sale-detail/646-Madrid-St_San-Francisco_CA_94112_M17808-06550" target="_blank">flashy four-bedroom townhouse</a>. <br /> <br /> To see more homes for sale in San Francisco, click <a href="http://realestate.aol.com/homes-for-sale-listings/San-Francisco_CA" target="_blank">here</a>. </p> </div>
Six California metros made the list, with Oakland the fastest-moving among the six. Oakland's median age of inventory was 46 days. (See homes for sale in Oakland.)
The six metros include a mix of markets hit hard by foreclosures -- Fresno, Bakersfield, Stockton-Lodi -- and relatively high-cost metros in the San Francisco Bay Area -- Oakland, San Jose and San Francisco. (See homes for sale in San Francisco.)
Florida markets dominated a list of metros with the slowest-moving real estate. Naples, Fla., posted the highest median age of inventory, 153 days -- a 5.5 percent rise from July 2010. (See homes for sale in Naples.)
While seven of the 11 fastest-moving markets saw their median age of inventory drop year-over-year in July, eight of the 10 slowest markets saw their median rise year-over-year.
For the full list of the fastest-selling markets, see Inman News.
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