Median Days on the Market Drops to 27!

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Some Highlights:

  • The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
  • Homes sold in less than a month in 24 out of 50 states, and Washington D.C.
  • Homes typically went under contract in 27 days in May!
About the Author
Larry Lynch
Former photographers' agent, commercial producer, copywriter, on-camera performer, voice-over talent, actor. Husband, father, a REALTOR® since 2003, and primary photographer for the Shop Tyler Homes team.