The 11 Markets Where Homes Sell Fastest

California metros dominated a list of 11 fast-moving real estate markets in July, reported property search site Realtor.com.

Realtor.com released a list of metros with the lowest median age of inventory at the site -- a measurement of how long a property from a given metro area typically spends on the site.

Denver, which topped the list in June, once again had the lowest median age of inventory among metros, at a median 32 days. That's a 38.5 percent drop in the median year-over-year -- the biggest drop among the 11 most active markets. (See homes for sale in Denver.)

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11 Fastest-Moving Real Estate Markets
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The 11 Markets Where Homes Sell Fastest

Median age of inventory: 32 days
Year-over-year change: -38.5%

See some homes for sale in Denver, like a charming brick four-bedroom, a well-kept three-bedroom with garage or a three-bedroom with portico

To see more homes for sale in Denver, click here

Median age of inventory: 46
Year-over-year change: -8.0%


See some homes for sale in Oakland, like a compact starter home, a gated and thoughtfully decorated four-bedroom or a minimalist two-bedroom.

Too see more homes for sale in Oakland, click here

Median age of inventory: 51 days
Year-over-year change: -23.9%

See some homes for sale in Fresno, like a single-story family home, this thoughtfully-designed three-bedroom or this five-bedroom on a cul-de-sac

To see more homes for sale in Fresno, click here

Median age of inventory: 59
Year-over-year change: 15.7%



See some homes for sale in the Shreveport-Bossier area, like a gambrel-roofed four-bedroom, a neatly-landscaped four-bedroom or a large $400K family home

Too see more homes for sale in the Shreveport-Bossier area, click here

Median age of inventory: 62 days
Year-over-year change: -3.1%

See some homes for sale in Bakersfield, like an inexpensive stucco five-bedroom, a large home with manicured lawn or this landscaped three-bedroom with driveway.

To see more homes for sale in Bakersfield, click here

Median age of inventory: 65 days
Year-over-year change: 1.6%

See some homes for sale in San Jose, like a newly-decorated starter home on the cheap, a charming three-bedroom ranch house or a Tuscany Hills townhouse

To see more homes for sale in San Jose, click here

Median age of inventory: 65 days
Year-over-year change: 1.6%

See some homes for sale in the Stockton-Lodi area, like a comfortable four-bedroom with three-car garage, a bargain single family home  or a San Joaquin single-story four-bedroom.

To see more homes for sale in the Stockton-Lodi area, click here.

CORRECTION: An earlier version of this gallery showed an image from Lodi, Italy, as depicting Lodi, Calif.

Median age of inventory: 65 days
Year-over-year change: 0.0%

See some homes for sale in Anchorage, like a four-bedroom with mountain views, a house in the woods or a dual-level four-bedroom

To see more homes for sale in Anchorage, click here

Median age of inventory: 66 days
Year-over-year change: -12.0%

See some homes for sale in the Boulder-Longmont area, like a two-story townhouse, a mountainside home or a well-landscaped three-story home

To see more homes for sale in the Boulder-Longmont area, click here

Median age of inventory: 67 days
Year-over-year change: -4.3%

See some homes for sale in Detroit, like a large brick colonial, a 5,500-square-foot home for $300K or a steep-gabled six-bedroom.

To see more homes for sale in Detroit, click here

Median age of inventory: 67 days
Year-over-year change: 4.7%

See some homes for sale in San Francisco, like this townhouse with terraced fruit and vegetable garden, this compact three-bedroom townhouse or this flashy four-bedroom townhouse

To see more homes for sale in San Francisco, click here

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Six California metros made the list, with Oakland the fastest-moving among the six. Oakland's median age of inventory was 46 days. (See homes for sale in Oakland.)

The six metros include a mix of markets hit hard by foreclosures -- Fresno, Bakersfield, Stockton-Lodi -- and relatively high-cost metros in the San Francisco Bay Area -- Oakland, San Jose and San Francisco. (See homes for sale in San Francisco.)

Florida markets dominated a list of metros with the slowest-moving real estate. Naples, Fla., posted the highest median age of inventory, 153 days -- a 5.5 percent rise from July 2010. (See homes for sale in Naples.)

While seven of the 11 fastest-moving markets saw their median age of inventory drop year-over-year in July, eight of the 10 slowest markets saw their median rise year-over-year.

For the full list of the fastest-selling markets, see Inman News.

More from Inman News:
IRS' top 10 tax tips for home sellers
Top iPhone, iPad apps to manage your budget
Rentals hold key to real estate market's future


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