1. Sunnyvale, California

Days on market: 38

Median list price: $1,496,500

Sunnyvale has the highest median list price in the entire survey, befitting California’s expensive housing market, but it’s still well below the median home price of $1,800,300, suggesting there’s still some real value in the area. Situated in the heart of Silicon Valley, Sunnyvale homes have an impressive two-year value change of 23.7 percent.

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Methodology: GOBankingRates determined the fastest-selling cities by analyzing the 100 largest U.S. cities based on the average number of days on the market, using Zillow’s December 2018 index (the most recent days on market data) for this metric and calculating the average days for the entire year 2018. This average value for each city was then used to rank the cities, with a ranking of 1 equivalent to cities with homes spending the fewest days on market, and 100 equivalent to spending the most days on the market. Additional metrics were researched and analyzed for supplemental information, including (1) median listing price, sourced from Zillow’s January 2019 index; (2) median home value, sourced from Zillow’s January 2019 index; (3) one-year home value change, from January 2018 to January 2019; (4) two-year home value change, from January 2018 to January 2019.

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