Rounding out the top 5 cities are:
- Austin, TX
- Fayetteville, AR
- Raleigh-Durham, NC
- Colorado Springs, CO
For perspective on what this ranking actually means, consider the rank on this list of San Diego, CA – a city purported by many to be “the best place they’ve ever lived” by many (just ask anyone who’s lived there!) and a place former residents often long to return to. Sunny San Diego ranks 16th on the list – a full 15 spots down from Denver. That’s pretty incredible.
Factors used to determine this list include home values, the job market, average commute times, desirability and net migration (whether people are actually moving to a particular metro area.)
So, Denver – the rest of the country likes us. They really, really like us! And all the factors affecting our rank on this list are what continue to draw new residents to the Denver Metro area, lending additional strength to the Seller’s Market we continue to experience in Real Estate. According to the Denver Post, Denver’s population jumped by 101,000 between July 1, 2014 and July 1, 2015, and was outpaced nationally only by continued record growth levels in North Dakota due to the localized oil boom happening there.
Right now is an incredible time to sell a house – the market is strongly in your favor. And if you are on the hunt to find your next home in Denver or any surrounding suburb, you’ll need an experienced guide to help you negotiate the best deal possible, because there is a lot of competition and too few properties for sale for the demand we are seeing.
If you’re thinking about relocating to Denver or moving from one end of our fair city to another, drop a line. I’ve been helping people buy and sell Denver area real estate for over 21 years, and I’d be pleased to help you navigate our real estate marketplace.
The Meyers Group