Oakland is fastest-moving metro real estate market in the US, just a tick ahead of San Jose and San Francisco. Moreover, Oakland has also enjoyed the biggest price gain year-over-year.
Trulia’s data geeks have run the numbers on the fastest-moving housing markets. Here’s how Trulia measures market speed: “To measure how fast the homes in a market are moving, we calculated the share of homes for sale on Trulia two months ago (on February 14, 2014) that are still on the market today (as of April 14, 2014). Faster-moving markets have a lower percentage of homes still on the market after two months, while slower-moving markets have a higher percentage.”
Source: Trulia Trends
Photo Credit: Flickr / Zach Dischner
