Residential Real Estate Market

After the frozen months, the U.S. residential real estate market is starting to warm up, and not all neighborhoods are the same. The Realtor.com® economists have highlighted the 10 most popular neighborhoods across the country, which are the places where, in January, more people viewed the listing than the typical U.S. home. These neighborhoods from the sunny coasts of California to the snowy expanses of Connecticut highlight the variety of the residential real estate market's draw, from the humbler homes to the mansions. Woodmont – Milford, CT: Leading the list is Woodmont in Milford, where the homes had 3.5 times more views than other listings, and the median price was $625,000. This coastal gem is perfect for New York City commuters who want a family-oriented environment. Beverly Crest – Los Angeles, CA: This neighborhood in the Santa Monica Mountains is a high-demand area that features very luxurious homes with the median price of $5.97 million and three times the views of the typical U.S. home. Mt. Lebanon – Pittsburgh, PA: This neighborhood is famous for its high-quality schools and charming streets, and homes are listed at a median price of $383,725, which makes it an attractive yet reasonably priced location. Wild Dunes – Isle of Palms, SC: This luxury gated community has oceanfront homes, and Wild Dunes had homes that were listed at $1.66 million, which gives residents beautiful natural scenery and resort-style living. Aberdeen – Boynton Beach, FL: This neighborhood near Miami was also fairly affordable, with a $341,250 median home price, making it an attractive choice for buyers on a budget. Lake Ridge – Cedar Hill, TX: This neighborhood offers both natural beauty and city amenities with its spacious homes and a median price of $847,000. The varying levels of popularity of neighborhoods across the U.S. indicate that the residential real estate market is gaining momentum, fueled by cheap prices, more space, and good locations.

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