Top Real Estate Markets For The Year

October 3, 2025
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Nashville, Phoenix dethroned; Dallas/Fort Worth on top; Florida comes roaring back
The story surrounding the top real estate markets is the same, but the leaderboard is changing. The Sunbelt is still home to the top markets, however Nashville and Phoenix, last year’s leaders, are falling several rungs while Dallas/Fort Worth ascends to the top spot. Florida is the comeback kid, with two cities placing among the top five markets.

In this year’s report, we’re adding a new discussion point we’re calling “movers and shakers.” These are markets that show significant year-over-year improvement based on our metrics and should attract institutional investor interest (see accompanying map). It’s a diverse group with each one offering different portfolio diversification characteristics, ranging from skyscraper-laden Manhattan to history-laden Charleston, South Carolina.

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