Days on market Inspection Sales 
Housing Wire
JANUARY 19, 2023
High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. However, housing affordability worsened.
HomeLight
APRIL 18, 2022
The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. For instance, in Lafayette, LA the median days on market spent is 72 days, while in Atlanta, GA that number is 33 days.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MAY 14, 2024
In March, first-time buyers were responsible for 32% of sales, up from 26% in February and 28% a year prior, according to data from the National Association of Realtors. Real estate professionals in Santa Monica attribute the increased share of first-time buyers to having fewer move-up buyers in the market. They spook easier.
Housing Wire
JUNE 28, 2024
“Overall pendings are up a small percentage, but we’ll take a 3%, 4% or 5% pending sales increase because it is headed in the right direction,” Smith said. Although pending sales are up, local agents noted that properties are taking longer to go under contract, leading to an uptick in inventory and days on market.
Housing Wire
JULY 10, 2024
In addition to more days on market for homes at higher price points, Campos said he has also seen some price reductions on listings at the higher end of the market. But Fleischmann noted that he still sees the occasional escalation clause, as well as waived inspections and appraisal gap clauses. “I For Campos, the No.
Housing Wire
OCTOBER 1, 2022
As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices. The median days on market is just 16 days — a slight increase from the record low seen in the last two months of 14 days.
Toronto Realty Blog
OCTOBER 3, 2022
As a buyer’s agent, you can grovel, you can cite comparable sales, you can talk about the market conditions, and you can get a Harvard-educated, MENSA-member to explain why the property is worth less than $1,599,900, but the comeback from the listing agent will ultimately remain, “We just listed today.”
Expert insights. Personalized for you.
448 
Let's personalize your content