In the first half of 2014, the hottest apartment sales markets were, coincidentally, among the hottest places in the country. With Los Angeles leading the pack and Orange County and San Diego round out the Top 10, Southern California was well represented in the first half of 2014, according to New York research firm Real Capital Analytics. Manhattan and the surrounding boroughs were also strong, finishing second and third, respectively.
The 10 Most Active Markets of the First Half
| Market | SALES VOLUME ($M) | YOY CHANGE |
|---|---|---|
| Los Angeles | $3,195 | -39% |
| Manhattan | $2,889 | -42% |
| NYC Boroughs | $2,588 | 108% |
| Dallas | $2,277 | 22% |
| Houston | $2,058 | 12% |
| Seattle | $1,935 | 55% |
| Atlanta | $1,932 | 8% |
| Denver | $1,354 | 28% |
| Orange County | $1,163 | 264% |
| San Diego | $1,142 | 104% |