How Quickly Are Homes Selling In Your State? [INFOGRAPHIC]
![Median Days on the Market [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2015/04/07181916/Days-on-the-Market-KCM.jpg)
Some Highlights:
- The National Association of REALTORS® surveyed their members for their 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 90 days in 36 out of 50 states and Washington D.C.
- Only 3 states had a median sold date in the 121 – 210 day range
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This is really a great blog.
Real estate investment is indeed a long term and sustainable income. There are various reason why people invest in real estate. 5-15 % of your investment in 20 years will at least double the investment capital or quadruple the result.
Homes in Arizona are selling between 61-90 days here in Arizona, and that is a sign that we are in a pretty normal market. As normal as any housing market can be.
Yep, California is a fast market. Our market is even crazier than the rest of the state. We were inspired by this graphic to check The MLS stats—-on the Westside of Los Angeles, the median days on market was 46 in the first quarter. But 35% of homes sold in less than 30 days!