Thirty-One Percent of Houses Sold in Less than One Month in December 2012

On January 30, 2013, in Did You Know, by Scholastica (Gay) Cororaton, Research Economist

Tight inventory and multibidding have led to shorter days on the market. Based on information gathered from the December 2012 REALTORS® Confidence Index Survey, about 31 percent of REALTORS® who sold a home reported that the property sold in less than a month, compared to 22 percent last year. About 57 percent were sold within 3 months, compared to 47 percent last year. The median days on the market was 73 days.

Scholastica (Gay) Cororaton, Research Economist

3 Responses to Thirty-One Percent of Houses Sold in Less than One Month in December 2012

Thirty-One Percent of Houses Sold in Less than One Month in December 2012 — Bella Vita Realty says:

January 31, 2013 at 11:49 am

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Weekly Roundup: NYC adjusted prices, SoHo’s highs, upward trending rates, $117M record price, houseplant pointers, recovery skeptics « says:

February 1, 2013 at 5:08 am

[...] 31 percent of home sold in December on the market less than a month [...]
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February 8, 2013 at 12:43 pm

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