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 .
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, meet with a local real estate professional who can help you take advantage of current market conditions!
Let’s chat and explore your options! Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com
Click here…to check your home value in seconds!
Click here…to search great deals, foreclosures and short sales in your area.
Click here… for Home Buyer Secrets video and PDF download and a bonus free list of distressed properties in your area.