Homes Are Selling Quickly Nationwide

Posted By Tiffany Hereda @ Aug 15th 2017 1:04pm In: Selling

Now is the TIME TO LIST!  Housing demand from buyers is increasing while inventory is low and average days on market is dropping. 

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 28 days in June. This is a slight increase from the 27 days reported in May, but down from 34 days reported a year ago.

54% of homes across the country were on the market for less than a month in June!

Among the 27 states with homes selling in 30 days or less are Washington, Utah, California, and Colorado. The map below was created using results from NAR’s Monthly Realtors Confidence Index Survey.

Bottom Line

Buyer demand is increasing as the inventory of homes available for sale remains low. If you are thinking about listing your home for sale this year, let’s meet up so we can help you take advantage of current market conditions! CONTACT US TODAY


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