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It doesn’t take complex forecasting models to know Seattle’s housing market is hot. The city is swirling with stories about bidding wars, cash offers, and investments from overseas.

But how does it rank compared to other booming U.S. cities? Apparently it outpaces them all. Auction.com, an online real estate marketplace, crunched the numbers to find the nation’s 50 largest markets for single-family homes and Seattle came out number one.

Auction.com’s press release cites strong housing fundamentals and “significant boosts” from the tech industry as reasons for Seattle’s housing boom. Our neighbors to the south are facing a similar phenomenon. Portland came in at number five, thanks to its rising tech sector.

Interestingly, several Florida cities also rank in the top five. Auction.com executive Vice President Rick Sharga thinks low oil prices are the cause.

“States like Texas – where the economy relies heavily on the extraction, production and transportation of oil – are seeing higher unemployment and a slower rate of home sales and home price appreciation,” he said in a press release. “On the other hand, markets like Orlando are probably experiencing an economic boost from the increased level of travel brought on by lower oil prices.”

Continue reading for the full list of the nation’s hottest markets for single-family homes:

  1. Seattle
  2. Fort Lauderdale
  3. Orlando
  4. Palm Beach County
  5. Portland
  6. Columbus
  7. Nashville
  8. Charlotte
  9. Denver
  10. Oakland
  11. San Francisco
  12. Washington, D.C.
  13. Miami
  14. San Jose
  15. Tampa
  16. Atlanta
  17. Jacksonville
  18. San Antonio
  19. Dallas
  20. Las Vegas
  21. San Diego
  22. Austin
  23. Fort Worth
  24. Phoenix
  25. Raleigh
  26. Northern Virginia
  27. Riverside, Calif.
  28. Minneapolis
  29. Los Angeles
  30. Salt Lake City
  31. Kansas City
  32. Orange County, Calif.
  33. Sacramento
  34. Boston
  35. Houston
  36. Indianapolis
  37. Milwaukee
  38. Cincinnati
  39. Suburban Maryland
  40. Cleveland
  41. Baltimore
  42. Memphis
  43. Detroit
  44. Chicago
  45. Long Island
  46. Philadelphia
  47. Pittsburgh
  48. Northern New Jersey
  49. St. Louis
  50. Central New Jersey
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