Only two months into the year and 2014 is already turning out to be a great year for the housing market.  The inventory of unsold, pre-built homes continues to drop as more and more buyers return to the market.

These ten US cities are seeing the fastest sell times and are quickly becoming some of the hottest markets in the country.

10 – San Francisco:  The average 1,200 square foot 2 bedroom home goes for $515,000 in this never sleeping city.  Most of the homes located within the heart of the city are classic 1940s homes that have been given modern updates and amenities.

9 – Boulder: In the small but rapidly growing city of Boulder, Colorado, the average home price is $550,000 for a 2,300 square foot late 1990s model home.  As more and more companies continue to move their headquarters to Boulder and the surrounding area, this city, and its market, are expected to continue to grow rapidly.

8 – Detroit: Believe it or not, Detroit is starting to make a comeback in the housing market arena.  With large number of unsold home available with an average asking price of $225,000, Detroit is rapidly becoming the city for home buyers searching for great deals.

7 – Fort Lauderdale: If you love the sun and a warmer climate, then you’ll be pleased to hear that Fort Lauderdale has a budding housing market once again.  With an average housing price of $544,000 for a 2,800 square foot house, housing luxury in a tropical environment is becoming a true hot topic.

6 – Phoenix: Love the heat but not the humidity? Then the booming housing market of Phoenix is probably just what you’re looking for.  Whether as an investment or a main residence, the availability of homes under $200,000 in Phoenix is worth the investment.

5 – Sacramento: The available inventory in Sacramento at truly affordable prices is causing Sacramento to be one of the hottest markets in 2014.  The average price for a 1,000 square foot home is just over $150,000; truly a steal by California standards.

4 – San Jose: As the tech industry continues to boom, so does the housing market in the San Jose area.  The average 3,000 square foot modern home boasts a price of $1.4M and provides the home buyer with access to some of the country’s best food, wine and entertainment venues.

3 – Honolulu: As second homes make a comeback in 2014, so does the housing market in Honolulu.  With an average price of $1.8M for a 2,600 square foot home, Honolulu is the ultimate vacation luxury homes.

2 – Stockton: In order to take advantage of the surrounding Bay Area cities without the city prices, more and more home buyers are entering the housing market in Stockton, California.  The average 1940s 1,500 square foot home runs for $235,000 and puts buyers close to the action of the city while providing them with the ability to enjoy the charm of a small community.

1 – Oakland: The hottest market for 2014 is expected to be Oakland, California.  With home price averaging $489,500 for a 1,100 square foot home, the vanishing inventory of prebuilt homes in Oakland is making this the most in-demand housing market in the country.

The quick moving inventory of homes in these markets, many of which have struggled in previous years, is an excellent omen of good things to come in 2014 for the housing markets across the country.