Average Days on the Market August 2014-January 2015
by Jeff Sallan
on Friday, February 27th, 2015 at 1:21pm.
Since August of last year, the average days on market has been increasing. In January, the days on market peaked at 125. The increase in days on market is largely due to bank owned and short sale homes that are selling in the region, which in January had an average days on market of 202 days. By comparison, traditional or non-distressed homes had an average days on market of 107.