According to the most recent REALTORS Confidence Index Survey Report, 45% of properties were on the market for less than one month before being sold with only 14% taking longer than six months. Properties sold in April 2016 were typically on the market 39 days. Short sales were on the market for 120 days, foreclosures for 51 days, with non-distressed properties at 37 days.
Click here to read more at the NAR’s Economists’ Outllook
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