Homes Are Selling Quickly

According to the National Association of Realtors’ (NAR) Existing Home Sales Report, homes were on the market for an average of 58 days in December. This was slightly longer than the 54 days in November, but still better than the 66 days experienced in December 2014.

32% of homes across the country were on the market for less than a month!

Colorado, Utah, and Delaware led all states as homes are selling in 30 days or less on average. The map below was created using results from NAR’s Monthly Realtor Confidence Survey.

Map of average days on market by state, color-coded from up to 30 days to over 90 days.

Bottom Line

Buyer demand remains strong. The inventory of homes available for sale remains low. If you are thinking about listing your home for sale this year, let's get together to talk about how you can take advantage of current market conditions!

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Malloy Home Team at SERHANT.

In a market where presentation, strategy, and relationships define outcomes, choosing the right team isn’t optional, it’s everything. At the Malloy Home Team at SERHANT., we don’t just list homes. We position them. We don’t just find properties. We secure opportunities others never see.