Boston, Worcester, Springfield named hottest U.S. markets in September MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent

 Three Massachusetts cities – Boston, Worcester and Springfield – were named among the top twenty hottest markets in the U.S. in September. Realtor.com analyzed cities nationwide, ranking them based on market demand measured by unique views per property on its website and market pace, determined by the number of days a listing remains active. While nationally prices fell in September, the hottest markets had moderate price growth of three point six percent or more due to high demand and limited inventory, according to the report.

 Demand in the hottest markets was more than double the national level in September and up slightly from August. And while nationally active listerings rose thirty four percent from last year, many of the cities on the hottest markets list experienced slower listing growth. Springfield was the number four hottest market in September with two point nine views per property, twenty eight median days on market and a median list price of $393,000.

 Worcester followed two notches below at number six, with two point five views per property, thirty median days on market and a median list price of $525,000. Boston ranked number thirteen with two views per property, thirty one median days on market and a median list price of $840,000. Just north of Boston, the Manchester-Nashua, New Hampshire area was, for the ninth month in a row, the country’s hottest housing market. It’s ranked among the top three markets each month for more than three years, Realtor.com said.

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