• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Menu
  • Home
  • About
    • Blog
    • Testimonials
  • Communities
    • Agoura
    • Calabasas
    • Camarillo
    • Malibu
    • Moorpark
    • Newbury Park
    • San Fernando Valley
    • Simi Valley
    • Thousand Oaks
    • Westlake Village
  • MLS Search
  • Featured Listings
  • Solds
  • Resources
    • Buyers
    • Golf Courses
    • School Ratings
    • Sellers
    • Staging
    • Utilities
    • Moving
    • Mortgage Calculator
    • Food & Wine
  • Get In Touch

Blog / June 12, 2018

Days on The Market Drops to New Low in April

Days on The Market Drops to New Low in April | Simplifying The Market

According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month.

NAR’s Chief Economist, Lawrence Yun, had this to say,

“What is available for sale is going under contract at a rapid pace. Since NAR began tracking this data in May 2011, the median days a listing was on the market was at an all-time low in April, and the share of homes sold in less than a month was at an all-time high.”

Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfect storm to accelerate the time between listing and signing a contract.

The chart below shows the median days on the market from April 2017 to April 2018:

Days on The Market Drops to New Low in April | Simplifying The Market

Bottom Line

If you are a homeowner who is debating whether or not to list your home for sale, know that national market conditions are primed for a quick turnaround! Let’s get together to discuss exactly what’s going on in our area, today!

Powered by WPeMatico

Filed Under: Blog

Primary Sidebar


0 / 180

Footer

CONTACT

971 S. Westlake Blvd, Suite 100, Westlake Village, CA 91361

Call: 805-231-6880

Email: ChristinasHomes4Sale@gmail.com

About

We are award-winning Realtors and have worked hard to earn the respect of our clients and colleagues.

CONNECT

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Copyright © 2025 · The MacPhee Group

Copyright © 2025 · Digital Pro on Genesis Framework · WordPress · Log in