04/27/2011
NAR Reports Where Homes Sell Fast | South Salem NY Real Estate
11 Cities Where Homes Sell the Fastest
California boasted the highest number of cities where homes tended to spend the shortest amount of time on the market last month, based on March housing data from Realtor.com.In Oakland, Calif., the average days on the market for listings was 50 in March–the least amount of days for median days on the market for the 146 markets reviewed.
Nationally, the median for homes for days on the market was 160 in March, which is an increase of 40 percent in a year.
Here is a list of the cities with the fewest median days on the market from March:
Oakland, Calif.
Median days on the market: 50
Median list price: $319,000San Francisco
Median days on the market: 63
Median list price: $639,000Denver
Median days on the market: 66
Median list price: $259,900Iowa City, Iowa
Median days on the market: 66
Median list price: $187,500Los Angeles-Long Beach, Calif.
Median days on the market: 70
Median list price: $345,000Stockton-Lodi, Calif.
Median days on the market: 70
Median list price: $175,000Bakersfield, Calif.
Median days on the market: 70
Median list price: $141,500San Jose, Calif.
Median days on the market: 71
Median list price: $470,000Anchorage, Alaska
Median days on the market: 71
Median list price: $279,975Fresno, Calif.
Median days on the market: 71
Median list price: $170,000Tulsa, Okla.
Median days on the market: 71
Median list price: $147,900Source: REALTOR® Magazine online (April 27, 2011)
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NAR Reports Where Homes Sell Fast | South Salem NY Real Estate
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