{"id":2336,"date":"2018-06-11T10:00:12","date_gmt":"2018-06-11T10:00:12","guid":{"rendered":"https:\/\/thezakariagroup.com\/days-on-the-market-drops-to-new-low-in-april\/"},"modified":"2018-06-11T10:00:12","modified_gmt":"2018-06-11T10:00:12","slug":"days-on-the-market-drops-to-new-low-in-april","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/days-on-the-market-drops-to-new-low-in-april\/","title":{"rendered":"Days on The Market Drops to New Low in April"},"content":{"rendered":"
\n

\"Days<\/p>\n

According to recently released\u00a0data\u00a0<\/a>from the\u00a0National Association of Realtors<\/em>\u00a0(NAR),\u00a0the 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.<\/span><\/p>\n

NAR\u2019s Chief Economist,<\/em> Lawrence Yun, had this to say,<\/p>\n

\n

\u201cWhat 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.\u201d<\/em><\/p>\n<\/blockquote>\n

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.<\/p>\n

The chart below shows the median days on the market from April 2017 to April 2018:<\/p>\n

\"Days<\/a><\/p>\n

Bottom Line<\/strong><\/h3>\n

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\u2019s get together to discuss exactly what\u2019s going on in our area, today!<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

According to recently released\u00a0data\u00a0from the\u00a0National Association of Realtors\u00a0(NAR),\u00a0the 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\u2019s Chief Economist, Lawrence Yun, had this to say, \u201cWhat is available for sale is […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[100,102,101],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nDays on The Market Drops to New Low in April - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/days-on-the-market-drops-to-new-low-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Days on The Market Drops to New Low in April - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"According to recently released\u00a0data\u00a0from the\u00a0National Association of Realtors\u00a0(NAR),\u00a0the 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. 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