In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s offer?”
At least half of the properties that sold in April–June 2016 were on the market for 30 days or less in the District of Columbia and in 16 states, mostly in the West and Midwest regions, according to the June 2016 REALTORS® Confidence Index Survey Report. Local conditions vary, and the data is provided for REALTORS® who may want to compare local markets against other states and the national summary.
