Mar 13, 2018
Aggieland a top ten secondary home market
COLLEGE STATION – The College Station-Bryan metro is tenth on SmartAsset's list of the top hottest secondary home markets in the U.S.According to the data, 29.3 percent of all home purchases...
COLLEGE STATION – The College Station-Bryan metro is tenth on SmartAsset’s list of the top hottest secondary home markets in the U.S.
According to the data, 29.3 percent of all home purchases in the metro were made by people looking for a secondary home.
Lubbock also landed in the top 25, securing a spot at No. 17.
Seven of the cities in the top ten were near a beach. The rankings are:
- No. 1 Ocean City, N.J.;
- No. 2 Barnstable Town, Mass.;
- No. 3 Salisbury, Md.-Del.;
- No. 4 Kahului-Wailuku-Lahaina, Hawaii;
- No. 5 Myrtle Beach-Conway-North Myrtle Beach, S.C.-N.C.;
- No. 6 Naples-Immokalee-Marco Island, Fla.;
- No. 8 The Villages; Fla.;
- No. 8 Flagstaff, Ariz.; and
- No. 9 Crestview-Fort Walton Beach-Destin, Fla.
The average homebuyer purchasing a secondary home has an income of $197,400. That is 2.6 times the average income of a household purchasing a primary residence ($74,100).
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