The San Jose–Sunnyvale–Santa Clara metropolitan area, better known as Silicon Valley, tops the list of the nation’s quickest-selling housing markets, with a median of 22 days on the market, according to the most recent data on the 50 largest metros by Realtor.com.
The San Francisco–Oakland–Fremont metro is tied for sixth place, behind the Washington, Boston, Baltimore, and Hartford metros, at a median of 31 days on the market.
“We have such a chronic under-supply of inventory that we still are operating in an environment of inventory shortage,” Olga Golovko, a Silicon Valley real estate agent, told The Epoch Times. “We have more buyers than sellers. … That means that we have quick sales.”…