April 24, 2018

Where Homes Sold the Fastest This Winter

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Where Homes Sold the Fastest This Winter

Homes across the country are selling faster than they were a year ago. Nationwide, properties stayed on the market for an average of 52 days in December, down from a 58-day average a year ago, the National Association of REALTORS® reported in its latest housing report Tuesday. Thirty-seven percent of homes sold in December were on the market for less than a month.

NAR's latest housing report: 2016 Marked Best Year for Sales in a Decade

The following five metro areas had listings that stayed on the market the shortest amount of time in December, according to inventory data from realtor.com®:

  • San Jose-Sunnyvale-Santa Clara, Calif.: 49 days
  • San Francisco-Oakland-Hayward, Calif.: 50 days
  • Nashville-Davidson-Murfreesboro-Franklin, Tenn.: 50 days
  • Billings, Mont.: 51 days
  • Hanford-Corcoran, Calif.: 51 days

Source: National Association of REALTORS®