National Median Days on the Market Drops to 34 (INFOGRAPHIC)

2017-12-07T16:27:31+00:00

The velocity of national home sales increased in October.

Reports and data about the real estate market get published frequently. Infographics that deconstruct and illuminate for easy understanding are among the best. See the breakdown for October.

No one is surprised that Washington is in the 30-days or less average, right?

metropolist median days on market home real estate

Additional Takeaways:

  • The National Association of REALTORS® surveyed their members for their Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
  • Homes sold in less than 60 days in 44 out of 50 states, and Washington D.C.
  • Homes typically went under contract in 34 days in October.

national median days on market real estate

Next steps?

Review this information with your Metropolist broker and see what is going on in the Seattle area specifically.

Do you have a neighborhood you’ve got your eye and heart on? Is Wallingford calling your name? Or West Seattle? Are you ready for an all-access pass to the delights of downtown with a Belltown home base?

Communicate your vision and then make a plan with your broker.