Time on the Market Drops to New Low in 2017


According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfect storm to accelerate the time between listing and signing a contract. The time needed to sell a home has dropped substantially since its highest mark of 11 weeks in 2012.

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Keller Williams Infinity

118505 Rt. 59, Plainfield, IL 60585

608 S Washington St, Naperville, IL 60540

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