For those in the market for a new home in San Jose, get ready for a Black Friday-esque shopping experience.

San Jose was recently ranked by Redfin as the fastest-selling city out of 22 major U.S. markets, which means that finding and buying the perfect home in San Jose may be a cutthroat experience.

There are not enough homes in San Jose to satisfy the buyer demand due to the high quality of living that the city provides. Other rapidly-growing markets that made the top 10 include Los Angeles, San Francisco, Denver, Seattle, and Washington D.C.

San Jose is certainly entrenched in a seller’s market, with 65 percent of homes for sale under contract within two weeks. More and more homes are being sold in flash sales, which mean that in the same day the home is listed, the home is already under contract.

Realtors believe smartphones play a large role in the flash sales, since they make it much easier to receive alerts when new homes come onto the market and to set up showings quickly with a realtor.

Homes are selling so fast that buyers have been writing preemptive offers so they can get their desired house under contract as quickly as possible in order to avoid a bidding war. In San Jose, market bidding wars have been getting out of hand, with cash offers coming in $10,000 to $20,000 higher than the listing price.

One homeowner had 22 offers come in during the first week their house was on the market.

The Redfin study showed that out of the top five fastest selling markets in the nation, four of the cities were found in California. Many people are questioning how long this will last, as the California home market has been badly burned by housing bubbles in the past.

Michelle Hille is an analyst for Move New Homes.