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The fastest-moving markets had a lower percentage of homes still listed after the two-month period, while the slowest-moving markets had a higher percentage.
Trulia found that the top three markets were Oakland, San Jose, and San Francisco — all major tech hubs where rising rents and gentrification have been hot topics as of late. In all three of these metros, only roughly a third of the homes that were listed in February were still for sale in April. Nationally, the rate was about 55%.
They also found that the fastest-moving markets had the highest gains in prices, with year-over-year increases well over the national average of 10%.
