2016

Homes Continue to Sell 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 47 days in March. This is a decrease from the 59 days reported in February, and the 52 days reported back in March 2015.

Forty-two percent of homes across the country were on the market for less than a month, which is the highest it’s been since July 2015 (43%)!

Among the states with homes selling in 30 days or less are Washington, Oregon, and Minnesota. The map below was created using results from NAR’s Monthly Realtor Confidence Survey.

As you can see, the Commonwealth of Massachusetts appears to be in the 46-60 days on market section. This is for the entire state. If you would like to know what is happening locally, please call me at (978) 500-1480 and I will put a report together special for you.

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!

The Militello Team