It's spring, and that means the rush is on to close on a new home and get everything in order before school starts again in the fall. And in some places, the real estate market is sizzling hot.
If you're a long-time listener, first-time caller to this show, you may notice something a little different about this quarter's ranking: the little arrows, showing whether markets are trending up or down, are gone.
Well, turns out Zillow, our source for all things real estate, adjusted its algorithm and revised some numbers, changing the "peak" quarters of some markets.
The good news: The data's now more accurate.
The bad news: It's now impossible to compare the current ranking with previous ones.
And so we start again, fair followers of hot real estate. And the arrows will return next quarter.
In the meantime, we can still focus on what markets are seeing new highs and strong growth. Scroll through to find out the hottest markets in New Jersey right now.
(And if you're looking for the hottest bargain towns, check this out.)
A note about the data: This ranking was based on Zillow's ZHVI, an index that incorporates median home prices with seasonal adjustments. We filtered to markets that have seen their strongest growth in the past two quarters, then sorted by what markets had the strongest yearly growth. Jersey City figures were calculated separately based on data provided by a Zillow spokeswoman.