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While searching for a home, you may be looking for an updated kitchen and crown moldings. But the most important thing is still “location, location, location.” Picking the right place to shell out money on a home is important, especially if you think you’ll be selling that home in a few years.
So, what are the hottest real estate areas this year?
- Well, Realtor.com just released their annual list of "America’s Hottest Zip Codes," basing their determination on how quickly properties sell, as well as how frequently homes are viewed in each area.
- The Top 10 markets each have homes that sell, on average, within eight days, and have 3.7-times more buyer views than a typical listing.
- Nine of the Top 10 zip codes are making the list for the first time, with many in the New England area.
- Topping the list this year Brighton, New York, in the Rochester area, where homes sell, on average, in six days with 4.2-times more buyer views than an average listing.
- The median listing price in the area is $275,000
- Of the zip codes on the list, the average asking price is $432,000, with prices across the hottest zip codes growing 18.6% year over year, compared to nationwide (16.9%.)
Top Ten Hottest Zip Codes In The U.S.
- Brighton, NY (14618)
- Nashua, NH (03062)
- Worthington, OH (43085)
- Derry, NH (03038)
- Windham, ME (04062)
- Bethlehem, PA (18017)
- Johnson City, TN (37604)
- Hooksett, NH (03106)
- North Attleboro, MA (02760)
- Auburn, ME (04210)
Source: Realtor.com