Providence-Warwick Metro Area Among U.S.'s 'Hottest' Housing Markets

PENNSYLVANIA — The Providence-Warwick metro area has made a list of the hottest 150 real estate markets in the nation, according to a new ranking from Realtor.com.

Providence-Warwick came in at No. 10 in the nation with an 91.81 "hotness" score, according to the site.

"The Realtor.com Market Hotness Index exposes how local areas are experiencing fast moving supply and rising demand," experts explain. "Using proprietary insights on buyer activity and the most comprehensive data on active inventory, the analysis breaks down demand and supply dynamics to rank metro areas, counties and zip codes relative to the rest of the country."

The total amount of views each listing gets online is also used as an indicator of demand. Meanwhile, supply is measured by the median amount of days a home spends on the market in that given city.

Nashua, New Hampshire took the top spot in the country, followed by Rochester, New York. See the full list of Realtor.com's hottest markets in the nation here.

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