Realtor.com is predicting that Phoenix will be the nation’s “hottest” market in 2017. Realtor.com’s is forecasting that “the western U.S. will continue to lead the nation in prices and sales.”
“All the top markets have in common relatively affordable rental prices, low unemployment, large populations of millennials and baby boomers, as well as a high number of listing views on realtor.com,” reads te report. “The top 10 are forecast to see average price gains of 5.8% and sales growth of 6.3%, exceeding next year’s anticipated national growth of 3.9% and 1.9%, respectively.”
| Rank | Top Markets | Median Price | Price Growth | Sales Growth |
| 1 | Phoenix, AZ | $300,000 | 5.94% | 7.24% |
| 2 | Los Angeles, CA | $675,000 | 6.90% | 6.03% |
| 3 | Boston, MA | $480,000 | 6.09% | 6.32% |
| 4 | Sacramento, CA | $420,000 | 7.18% | 4.92% |
| 5 | Riverside, CA | $350,000 | 4.98% | 6.88% |
| 6 | Jacksonville, FL | $284,000 | 4.79% | 7.03% |
| 7 | Orlando, FL | $272,000 | 5.69% | 6.10% |
| 8 | Raleigh, NC | $312,000 | 4.16% | 7.55% |
| 9 | Tucson, AZ | $237,000 | 6.10% | 5.47% |
| 10 | Portland, OR | $420,000 | 6.55% | 5.02% |
| 11 | Durham, NC | $320,000 | 2.55% | 8.95% |
| 12 | Colorado Springs, CO | $335,000 | 4.77% | 6.71% |
| 13 | Jackson, MS | $207,000 | 1.98% | 9.44% |
| 14 | Detroit, MI | $195,000 | 5.17% | 6.22% |
| 15 | San Diego, CA | $620,000 | 6.47% | 4.89% |
| 16 | Salt Lake City, UT | $345,000 | 6.66% | 4.67% |
| 17 | Deltona, FL | $260,000 | 3.10% | 8.23% |
| 18 | Provo, UT | $334,000 | 5.16% | 5.84% |
| 19 | Austin, TX | $385,000 | 3.50% | 7.40% |
| 20 | Seattle, WA | $430,000 | 7.36% | 3.41% |