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2018-01-08 18:40:05
Time on the Market Hits New Low

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfect storm to accelerate the time between listing and signing a contract. The time needed to sell a home has ped substantially since its highest mark of 11 weeks in 2012.

The chart below shows the median weeks on the market from 1987 to today.

Time on the Market     s to New Low in 2017 | Keeping Current Matters

Bottom Line

If you are a homeowner who is debating whether or not to list your home for sale, know that national market conditions are primed for a quick turnaround! Meet with a local real estate agent who can explain to you exactly what’s going on in your area, today!

Keeping Current Matters

 
Blog Archive
2018-01-08 18:40:05
Time on the Market Hits New Low

2017-12-22 18:06:23
Housing Prices are NOT Heading for Another Crash

2017-12-13 13:27:22
What Is The Cost Of Waiting Until Next Year To Buy?

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Why Sell Now Instead of Later? The Buyers are Out Now

2017-11-08 09:58:41
5 Reasons to Hire a Real Estate Professional When Buying or Selling!

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Hiring an Agent to Sell Your House May Cost You NOTHING!

2017-10-16 18:51:09
Thinking Of Selling? You Should Do It TODAY!!

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5 Reasons to Sell This Fall

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2017-08-29 13:20:56
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2017-06-26 17:47:00
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2017-06-07 14:47:29
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2017-05-19 18:00:39
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2017-05-15 15:42:19
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2017-05-04 16:01:31
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2017-04-29 11:23:27
Homes are Selling Fast Across the Country

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