Strong demand and still limited supply mean homes are now selling nearly three times as fast as they normally would. The average number of days a listing stayed on the market in April was 46, down from 62 in March, and down from the normal pace of 90-120 days, according to the National Association of Realtors.
- Home price hikes bring more sellers to market (bizjournals.com)
- Five Tips for Buying a Home in a Seller’s Market (virtual-strategy.com)
- What is a “Seller’s Market”? (myrealtorislisa.wordpress.com)
- Homebuyers Undeterred by Seller’s Market; Willing to Pay More (redfin.com)