Wednesday, October 16, 2013

Denver area in top 10 metros for shortest period of days on market for for-sale homes.

According to a report in home inventory form, Denver has one of the shortest "days on market" period for home sales:

Market Highlights:

Of particular note in September's figures are a handful of markets showing very fast-paced sales cycles, some at roughly half of the national median "days on market" figure of 93 days, with Oakland the stand-alone at just 28 days.  Many of these markets are seated in the hot "sand state" regions, with a few outliers such as Denver, Detroit, Seattle and Washington, DC.
Median Age of Inventory.  
10 MSAs with the Shortest Median Days on Market: