Based on data analysis of home values, days on market, share of homes sold at a loss, closing costs, and the number of local real estate offices, a new study ranks the best sellers markets in the U.S. today.
March 26, 2019
2 min read
Photo: Unsplash/Age Barros
Based on data analysis of home values, days on market, share of homes sold at a loss, closing costs, and the number of local real estate offices, a new study ranks the best sellers markets in the U.S. today.
All 10 of the best sellers' markets in the nation are located in the West, and the best of the best are in Arizona and California. The Golden State and the Grand Canyon State have four cities each in the top 10, and Arizona has the top two cities overall in SmartAsset's ranking. Nevada and Colorado are the only other states to crack the top 10: Lakewood, Colo. took the fourth spot, and North Las Vegas took the eighth rank.
Selling a house is a major decision that demands careful consideration. After all, securing more money from selling your home gives you more capital to invest with your financial advisor. Your location, for one, plays a major factor. Houses in some places will sell immediately, while others stay on the market for months. Home values in your area may also mean that it’s easier or more difficult to sell your home for a profit.
