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Experts say that the California real estate market will stay red hot for sellers throughout 2017. While some suggest a minor downturn if interest rates raise by the end of the year, prices are higher than ever in California making it a great time to sell real estate in the state.

San Francisco

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The hottest market in the United States is San Francisco. The median home price is $1,147,300. Most homes are listing for about $994 per square foot. The Parnassus – Ashbury neighborhood remains the hottest in San Francisco with the median home selling for $1,921,400. Great bargains can still be found in the Midtown Terrace and Twin Peaks neighborhoods.

Vallejo

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Closely following on the heels of San Francisco is the Vallejo housing market. The median home value in Vallejo is $342,900 making it a very affordable place to buy for first-time home buyers. As word continues to spread about the bargains, prices are expected to climb about 3 percent over the next year. Currently, the median price per square foot for a home is $229.

San Diego

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Finishing in third place as the hottest real estate market in California is San Diego where the median home is valued at $555,400. Buyers are listing most homes at about $421 per square foot.