43 Percent of Properties Were on the Market for Less than a Month in July 2015

Properties that closed in July 2015 were typically on the market for at 42 days (34 days in June 2015; 48 days in July 2014), according to the July 2015 REALTORS® Confidence Index Survey Report11 Days on market typically increase after June due to seasonality effects.  Seasonality combined with a slightly slowing market resulted in properties staying on the market for a few more days.

Short sales were on the market for the longest time at 135 days, while foreclosed properties typically stayed on the market at 49 days. Non-distressed properties were on the market at 41 days.



Realtor with Greg Garrett Realty, actively licensed in the state of Virginia

Tagged with: , , , , , ,
Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: