Amid tight inventory in most states, properties that closed in April 2015 were typically on the market for a relatively short period of time at 39 days (52 days in March 2015; 48 days in April 2014), according to the April 2015 REALTORS® Confidence Index Survey.
Short sales were on the market for the longest time at 180 days, while foreclosed properties typically stayed on the market at 50 days. Non-distressed properties were on the market at 38 days.
Approximately 46 percent of properties were on the market for less than a month when sold (40 percent in March 2015; 41 percent in April 2014).