Days on Market – 2017 Sets New Low

Days on Market New Low

North Texas – Days on Market sees new low. 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.

Franceanna Campagna specializes in helping clients maximize their market values and sell homes quickly.

Want to know what your neighbors home sold for You can view it here. This will email you an instant report.