Every month, Realtor.com identifies the 20 markets where listings get the most views and where homes sell the fastest. A shorter DOM (Days On the Market) homes sold between 14 to 55 days faster than the rest of the real estate market, hence they make the list.
In California, smaller and more affordable markets, like Yuba City and Chico, are seeing more gains. This list also shows markets that are going down from their previous selling highs. According to Realtor.com, California markets are still hot, but not boiling hot anymore. Looks like a new market is continuing to emerge, based on availability of affordable inventory.