Source: aiisha5 / iStock via Getty Images
5. Seattle-Tacoma-Bellevue, WA
> Median list price, May 2022: $834,000
> Increase in median list price, May 2021-May 2022: +22.6% (11th highest out of 50)
> Median days on market: 17 (8th fewest out of 50)
> Population: 3,928,498
Source: f11photo / iStock via Getty Images
4. San Diego-Carlsbad, CA
> Median list price, May 2022: $926,000
> Increase in median list price, May 2021-May 2022: +15.9% (19th highest out of 50)
> Median days on market: 21 (12th fewest out of 50)
> Population: 3,323,970
24/7 Wall St.
Source: Ron and Patty Thomas / E+ via Getty Images
3. Los Angeles-Long Beach-Anaheim, CA
> Median list price, May 2022: $972,000
> Increase in median list price, May 2021-May 2022: +1.4% (9th lowest out of 50)
> Median days on market: 25 (23rd fewest out of 50)
> Population: 13,211,027
Source: bluejayphoto / iStock via Getty Images
2. San Francisco-Oakland-Hayward, CA
> Median list price, May 2022: $1,129,000
> Increase in median list price, May 2021-May 2022: +3.8% (13th lowest out of 50)
> Median days on market: 23 (16th fewest out of 50)
> Population: 4,709,220
Source: GerardoBrucker / iStock via Getty Images
1. San Jose-Sunnyvale-Santa Clara, CA
> Median list price, May 2022: $1,494,000
> Increase in median list price, May 2021-May 2022: +15.1% (22nd highest out of 50)
> Median days on market: 17 (8th fewest out of 50)
> Population: 1,985,926
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
