I think this is the first time ever!
By Chelsia Rose Marcius | Apr 10, 2019 Realtor.com
We’ve just closed the books on the first month of spring—and the beginning of the high season for home buying—and while the market slowed down in March compared with the same time last year, according to realtor.com® data, an unexpected hot spot has emerged.
Several markets in Ohio, which are some of the county’s most affordable, are attracting lots of buyer interest, claiming three of the top 20 spots in our monthly ranking of the country’s hottest metros for real estate. Two more Ohio metros, while not in that top 20, chalked up the biggest improvement year over year.
The state capital, Columbus, came in at No. 1 on the list, which reflects a combination of how fast homes take to sell (days on market) and the number of listing views racked up in each market. Both of these are an indicator of buyer demand. Akron and Canton came in at No. 16 and No. 19 respectively. Meanwhile, Cleveland and Cincinnati were the large metros with the most year-over-year improvement. That’s a big change from the days (last year, even!) when the list was regularly topped by pricey California markets such as San Francisco and San Jose. (Each metropolitan area may also include smaller satellite cities.)