Wanna move? Orlando and Miami are a buyers market!

posted by Heath West - 

Anyone looking to buy or sell a home knows location is key, and certain markets these days are better for sellers, while others are optimal for buyers. Well, Zillow has just come out with their list of the areas that are best if you’re selling a home, or in the market to purchase one, and you may be surprised with the results.

According to the real estate site’s data, San Francisco and San Jose are the two best markets for those trying to unload their property, with Denver, Seattle and Sacramento rounding out the Top Five. There’s such a demand for properties in these areas that on average, homes stay on the market for barely 54 days and bidding wars are likely to occur, which drive up prices.

Top Ten Sellers' Markets

  1. San Francisco
  2. San Jose
  3. Denver
  4. Seattle
  5. Sacramento
  6. Portland
  7. Los Angeles
  8. San Diego
  9. Charlotte
  10. Boston 

On the flipside, those looking to buy a home will have the upper hand in areas like Baltimore, Miami and Philadelphia, where homes stay on the market an average of 103 days, and where they appreciate slower than other markets in the nation.

Top Ten Buyers' Markets

  1. Baltimore
  2. Miami
  3. Philadelphia
  4. Chicago
  5. Houston
  6. Indianapolis
  7. Detroit
  8. Tampa
  9. Orlando
  10. Washington, DC

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