Realtor.com: The 20 Hottest Markets for Real Estate in January

Cities in California hold 12 of the top spots.

While winter isn’t a prime season for the real estate industry, that doesn’t mean that activity stops completely. According to Realtor.com’s data on the industry’s performance in January, demand for real estate is high despite the time of year. In fact, homes are selling four percent faster this month than they did in January of 2016.

Jonathan Smoke, the chief economist behind Realtor.com, said, “We saw evidence of a stronger-than-normal off-season starting last September and October due to pent-up demand and surging interest from first-time buyers. The downside to this strong off-season is that we have started 2017 with a new low volume of available homes for sale and a new high for prices.”

Despite climbing prices, some cities across the U.S. are experiencing a lot of real estate activity. California is dominating the list—when it comes to the 20 hottest markets for real estate in January, California cities have taken 12 spots. Other popular cities include Dallas, Texas; Denver, Colorado and Columbus, Ohio.

Click here to read the full list.