2 CO Communities Among Top 10 Real Estate Markets In U.S.: Report

HIGHLANDS RANCH, CO — Highlands Ranch is the third most-popular real estate market in the United States so far in 2022, and Golden ranks No. 10, according to a new Zillow report.

Zillow assembled its 2022 rankings by analyzing its website traffic for listings, home value growth and sale inventory in more than 1,000 U.S. cities and found suburbs outpaced urban settings across the nation through the first few months of 2022, the company said. In fact, Zillow found all of the top 10 markets were suburbs.

Top markets in the nation:

1. Woodinville, Washington
2. Burke, Virginia
3. Highlands Ranch, Colorado
4. Westchase, Florida
5. Edmonds, Washington
6. Yorba Linda, California
7. Johns Creek, Georgia
8. Tustin, California
9. Ballwin, Missouri
10. Golden, Colorado

Zillow's report found suburban home values continue to grow faster every quarter than the main cities in their regions, which is a notable change from previous norms, as more buyers value space over short commutes.

The company said homes for sale in eight of the top 10 suburbs were valued higher than their biggest nearby city.

"The most popular markets so far this year paint a picture of how remote work has changed the U.S. housing landscape," said Nicole Bachaud, a Zillow economist.

"Demand for suburban homes found an extra gear last summer, perhaps as buyers gained more clarity in their employers' return-to-office policies. Research suggests the rise of remote work is responsible for roughly half of home price growth during the pandemic."

> Read more about this year's most popular markets on Zillow's website.