House Selling Time Statistics

In this post, we explore various statistics related to the time it takes to sell a house in different regions across the US. From the average selling times in cities like San Francisco and Baltimore to the impact of listing timing on online views, we delve into the insights that can help homeowners and real estate professionals better understand the housing market dynamics.

Statistic 1

"The average time it takes to sell a house in the US ranges from 65 to 93 days."

Statistic 2

"In May 2021, properties in the US typically remained on the market for 17 days, down from 26 days in May 2020."

Statistic 3

"In 2020, San Francisco had the shortest average time on the market with just 35 days."

Statistic 4

"Baltimore, Maryland had one of the longest selling times in the US with an average of 104 days."

Statistic 5

"Homes listed in the first week of April had 14% more online views compared to the average week."

Statistic 6

"Homes sold in the winter have a 9% greater likelihood of selling within six months than those listed at other times."

Statistic 7

"In 2020, the average time for homes on estate agency books to reach 'sold' was around 57 days."

Statistic 8

"In Los Angeles, the average time on market in 2020 was 61 days."

Statistic 9

"In Tampa, Florida, the average home selling time in 2020 was 59 days."

Statistic 10

"In 2020, the average time on market in Atlanta, Georgia was 49 days."

Statistic 11

"In 2020, homes in Phoenix, Arizona were on the market for an average of 45 days."

Statistic 12

"The average time to sell a home in Kansas City, Missouri was 58 days in 2020."

Statistic 13

"The average time on market for a home in Houston, Texas, in 2020 was 54 days."

The statistics on house selling times across various cities in the US reveal notable variations in average durations, ranging from as short as 35 days in San Francisco to as long as 104 days in Baltimore. The data also indicate seasonal trends, such as homes listed in winter having a higher likelihood of selling within six months. Additionally, the statistics highlight regional differences, with cities like Los Angeles, Tampa, Atlanta, Phoenix, Kansas City, Houston showing varying average selling times. These insights underscore the importance of considering local market dynamics and timing when selling a house, emphasizing the need for tailored strategies to optimize the selling process.