GITNUX MARKETDATA REPORT 2024

Statistics About The Average Time To Sell A House By Zip Code

The average time to sell a house varies by zip code, with some areas having faster sales than others.

With sources from: attomdata.com, nar.realtor, redfin.com, realtor.com and many more

Statistic 1

As of March 2021, the average time to sell a house in the U.S. was 65 days

Statistic 2

As of December 2020, it took an average of 3 weeks (about 21 days) to sell a house

Statistic 3

In 2020, houses listed in April sold the quickest, taking an average of 15 days to go under contract.

Statistic 4

In 2017, the average time for a home to go from listing to an agreed sale was 61 days.

Statistic 5

Houses listed in May sold faster than any other month on average in 2016.

Statistic 6

Homes sold in the U.S. in the second quarter of 2018, spent an average of 35 days on the market.

Statistic 7

In 2018, the average time it took for a house to sell in the U.S. was 68 days.

Statistic 8

In 2019, houses listed in May sold the quickest, in just 6 days on average.

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In this post, we explore the average time it takes to sell a house in the U.S., examining data from recent years to provide insights into the fluctuations in the real estate market. From the fastest-selling months to the overall trends, these statistics shed light on the dynamics of buying and selling homes across different zip codes. So, let’s dive into the numbers to understand the evolving landscape of property sales in America.

Statistic 1

"As of March 2021, the average time to sell a house in the U.S. was 65 days"

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Statistic 2

"As of December 2020, it took an average of 3 weeks (about 21 days) to sell a house"

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Statistic 3

"In 2020, houses listed in April sold the quickest, taking an average of 15 days to go under contract."

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Statistic 4

"In 2017, the average time for a home to go from listing to an agreed sale was 61 days."

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Statistic 5

"Houses listed in May sold faster than any other month on average in 2016."

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Statistic 6

"Homes sold in the U.S. in the second quarter of 2018, spent an average of 35 days on the market."

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Statistic 7

"In 2018, the average time it took for a house to sell in the U.S. was 68 days."

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Statistic 8

"In 2019, houses listed in May sold the quickest, in just 6 days on average."

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Interpretation

In summary, the data reveals noticeable variations in the average time it takes to sell a house in the U.S. over the years, with different months displaying distinct patterns. The average time on the market ranged from as low as 6 days in May 2019 to as high as 68 days in 2018. Additionally, fluctuations in selling times were observed between different quarters and years. These statistics underscore the importance of considering seasonal and yearly trends when gauging the average time to sell a house in various zip codes.

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