Economists' Outlook

Housing stats and analysis from NAR's research experts.

Thirty-Two Percent of Houses Sold in One Month

Time on the market for a property to sell has been declining. According to the latest Realtors® Confidence Index, approximately a third of REALTORS® noted that recently sold properties were on the market for less than a month when sold, and 59 percent were sold within 3 months. The proportion of REALTORS® who responded that the house had been on the market for 6 months or more when sold fell to 19 percent from 28 percent a year ago.

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