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25 Hot Housing Markets That Are Starting to Cool Off

The housing market was crazy in the last few years. Prices were high, and demand was high. Now, with increased interest rates, & the winter season, these hot markets are cooling off.

Median housing prices are still increasing—up 17.4% from the previous year  to $546,000—pending sales are down 12%, & houses are staying on the market longer. Inventory is also rising. Here's where to shop

Olympia, Washington

September active listings: 534 – Percent of active listings with reduced prices: 59.2% – Median list price in August: $542,495

September active listings: 1,224 – Percent of active listings with reduced prices: 60.5% – Median list price in August: $460,000

Durham, North Carolina

September active listings: 1,667 – Percent of active listings with reduced prices: 61.2% – Median list price in August: $422,450

Knoxville, Tennessee

September active listings: 2,247 – Percent of active listings with reduced prices: 62.0% – Median list price in August: $500,000

Charleston, South Carolina

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