Over the past 18 months, the U.S. housing market has struggled to increase available listings while potential buyers battle sky-high mortgage rates, and elevated home prices. Although the national demand for homes has declined significantly in response to these conditions, some real estate markets are still managing to sell homes in just over one month.
A recent study conducted by Agent Advice, a platform of services for real estate agents, analyzed U.S. housing markets to determine which markets are selling homes faster. On average it’s currently taking 43 days to sell a home nationwide. However, some markets fall above or below that statistic.
