By Erin Petenko | NJ Advance Media for NJ.com

It's spring, and that means the rush is on to close on a new home and get everything in order before school starts again in the fall. And in some places, the real estate market is sizzling hot.

If you're a long-time listener, first-time caller to this show, you may notice something a little different about this quarter's ranking: the little arrows, showing whether markets are trending up or down, are gone.

Well, turns out Zillow, our source for all things real estate, adjusted its algorithm and revised some numbers, changing the "peak" quarters of some markets.

The good news: The data's now more accurate.

The bad news: It's now impossible to compare the current ranking with previous ones.

And so we start again, fair followers of hot real estate. And the arrows will return next quarter.

In the meantime, we can still focus on what markets are seeing new highs and strong growth. Scroll through to find out the hottest markets in New Jersey right now.

(And if you're looking for the hottest bargain towns, check this out.)

A note about the data: This ranking was based on Zillow's ZHVI, an index that incorporates median home prices with seasonal adjustments. We filtered to markets that have seen their strongest growth in the past two quarters, then sorted by what markets had the strongest yearly growth. Jersey City figures were calculated separately based on data provided by a Zillow spokeswoman.

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15. Hoboken

Current home value: $788,190

Yearly growth: 8.16

Hoboken is a strong city for working millennials. It's is a little younger than the rest of the state and is almost half non-family households.

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14. Spring Lake

Current home value: $1,840,061

Yearly growth: 8.82

This one's for the retirees: a third of Spring Lake's population is over the age of 65.

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13. Alpine

Current home value: $3,044,317

Yearly growth: 10.28

Alpine is the priciest municipality measured by Zillow, so it's surprising it has room to grow. It's also the smallest municipality on the list, with a population of only 1,500.

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Erin Petenko | NJ Advance Media for NJ.com

12. Westfield

Current home value: $752,887

Yearly growth: 10.56

This town of 30,000 is one of the wealthiest in Union County. It also has a higher-than-average percent of married couple households, at 82 percent.

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11. Montclair

Current home value: $676,734

Yearly growth: 10.62

Montclair has made a name for itself as a millennial hub with a walkable downtown area.

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Erin Petenko | NJ Advance Media for NJ.com

10. Verona

*BARGAIN ALERT*

Current home value: $484,090

Yearly growth: 10.64

Verona has the lowest home value on this list, indicating that it could be a relative bargain before its home values go up further.

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9. Bradley Beach

Current home value: $558,114

Yearly growth: 10.68

Bradley Beach, a town 4,300, has a median income below the rest of the state — a rare quality on this list.

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8. Summit

Current home value: $942,536

Yearly growth: 11.31

Summit's home values are well above the rest of Union County.

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7. Cresskill

Current home value: $624,987

Yearly growth: 11.96

This borough of 8,700 is nearly 90 percent married-couple households. Its median household income was $117,000, well above the New Jersey median but far from the highest in Bergen County.

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6. Glen Ridge

Current home value: $678,930

Yearly growth: 12.48

This borough between Montclair and Bloomfield outpaced the growth of both towns this year, although Bloomfield is close behind.

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5. Cranbury

Current home value: $730,387

Yearly growth: 12.69

This township has only 3,800 residents in its 13 square miles, and leans older and wealthier than the New Jersey average.

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4. New Providence

Current home value: $659,631

Yearly growth: 14.29

New Providence has a median income almost double the rest of New Jersey. About 80 percent of its households are married couples.

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3. Berkeley Heights

Current home value: $637,622

Yearly growth: 15.76

This town of 13,000 also has a median income almost double the New Jersey average.

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2. Weehawken

Current home value: $734,698

Yearly growth: 19.27

Weehawken has benefitted from the gains in its Jersey City neighbor. The borough, one of the most expensive in Hudson County, is a close drive to New York City.

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1. Jersey City

Current home value: $447,300

Yearly growth: 25.25

Jersey City remains at number one despite many changes to the list. Its more than 25 percent annual increase has been a boon to its population, but it came at a cost: The city recently conducted its first property assessment in decades, raising taxes in the downtown area.

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(Trulia)

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