Tight inventory has led to shorter time on the market. The median days on the market fell to 41 days in May (46 in April). Short-sales had the longest days on market at 79 days (73 days in April) while foreclosed properties were on the market for 43 … [Read more...]
Thirty-Seven Percent of Homes Sold in Less than a Month
Multiple bidding in a low inventory environment continues to lead to shorter days on the market. About 37 percent of REALTORS® reported that in March recently sold properties were on the market for less than a month when sold compared to 27 percent … [Read more...]
Median Days on the Market Down to 62 Days in March
Tight inventory has led to shorter time on the market. The median days on the market fell to 62 days in March (74 in February). Short sales had the longest days on market at 81 days (101 days in February), while foreclosures were on the market for 46 … [Read more...]
Thirty-One Percent of Houses Sold in Less than One Month in December 2012
Tight inventory and multibidding have led to shorter days on the market. Based on information gathered from the December 2012 REALTORS® Confidence Index Survey, about 31 percent of REALTORS® who sold a home reported that the property sold in less … [Read more...]
Thirty-Two Percent of Houses Sold in One Month
Time on the market when a property is sold has been declining. Approximately a third of REALTORS® noted in responses to the latest REALTORS® Confidence Index survey that recently sold properties were on the market for less than a month when sold, and … [Read more...]
