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Homes Are Selling Quickly Nationwide

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 28 days in June. This is a slight increase from the 27 days reported in May, but down from 34 days reported a year ago.

54% of homes across the country were on the market for less than a month in June!

Among the 27 states with homes selling in 30 days or less are Washington, Utah, California, and Colorado. The map below was created using results from NAR’s Monthly Realtors Confidence Index Survey.

Homes Are Selling Quickly Nationwide | MyKCM

Bottom Line

Buyer demand is increasing as the inventory of homes available for sale remains low. If you are thinking about listing your home for sale this year, let’s meet up so I can help you take advantage of current market conditions!

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Justin Hemker

Justin Hemker is a North Carolina licensed real estate broker whose real estate experience dates back to 2003 when he was first licensed in Michigan as a real estate salesperson. Almost two decades later, Justin has seen how the industry has changed from paper MLS books and print-marketing, to the digital-dominant marketing of today. Putting his Web Technologies background to work, Justin strives to bring the highest caliber of real estate service to Triangle-area home buyers and home sellers of every price point.

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