10 cities where homes are selling faster than last year

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High mortgage interest rates are proving to be less of a deterrent to borrowers in certain cities, where low inventory is prompting buyers to snap up properties quicker than a year ago. 

Median homes in the top three cities in this ranking are being sold and moving off the market on average 12 days faster than last year. Nationwide, homes are selling one day faster than last year, with a median of 49 days on the market. 

Scroll through to find out how much faster homes are selling in the top 10 cities and the number of median days they spend on the market.  

Source: Realtor.com

National Mortgage News_cities where homes sell faster than last year_Portland, ME_10.jpg
National Mortgage News_cities where homes sell faster than last year_Cleveland, OH_9.jpg
National Mortgage News_cities where homes sell faster than last year_Springfield, MA_8.jpg
National Mortgage News_cities where homes sell faster than last year_Harrisburg, PA_7.jpg
National Mortgage News_cities where homes sell faster than last year_Bridgeport, CT_6.jpg
National Mortgage News_cities where homes sell faster than last year_Las Vegas, NV_5.jpg
National Mortgage News_cities where homes sell faster than last year_Boise, ID_4.jpg
National Mortgage News_cities where homes sell faster than last year_Oxnard, CA_3.jpg
National Mortgage News_cities where homes sell faster than last year_Phoenix, AZ_2.jpg
National Mortgage News_cities where homes sell faster than last year_Buffalo, NY_1.jpg
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