Amid strong demand and tight supply, REALTORS® reported that properties that sold in January 2018 were typically on the market for 42 days, down from 50 days compared to the same month last year, according to the January 2018 REALTORS® Confidence Index Survey. The median days on market have been broadly on a downtrend since 2011 when the properties typically were on the market for three months from May 2011, when this question was first asked in the RCI Survey, through March 2012.
During the November 2017–January 2018, properties typically sold within one month in Washington, California, Nevada, Utah, Colorado, Nebraska, Minnesota, Michigan, Kentucky, New Hampshire, Massachusetts, and the District of Columbia.
A former member of the Platinum Air Miles Club for frequent flyers, Rob now enjoys being a little bit more grounded while assisting customers for life buy and sell homes while now traveling for fun! He's an avid hockey fan, and still playing once a week with guys much younger, for the most part, than him, enjoys wheat beer, good red wine, family, volunteering and warm weather, not hot! Warm…
Latest posts by Robert Lambert (see all)
- July 2018 Housing Affordability Index - September 21, 2018
- REALTORS® Confidence Index Survey: August 2018 Highlights - September 21, 2018
- Open House this Saturday August 18th 11:00am to 1pm - August 16, 2018