Monthly housing demand trends
Sales compared to average days on market
|Month||Home sales||Average days on market|
|Metro||Sales change||Average days on market change|
|Atlanta-Sandy Springs-Roswell, GA|
|Chicago-Naperville-Arlington Heights, IL|
|Las Vegas-Henderson-Paradise, NV|
|Los Angeles-Long Beach-Glendale, CA|
|Miami-Miami Beach-Kendall, FL|
|Minneapolis-St. Paul-Bloomington, MN-WI|
|New York-Jersey City-White Plains, NY-NJ|
|San Diego-Carlsbad, CA|
|San Francisco-Redwood City-South San Francisco, CA|
|Tampa-St. Petersburg-Clearwater, FL|
The graph provides a look at the change in the actual number of home sales and average days on market from May 2017 to April 2018 across the United States.
Home sales fell in the winter months and then rose in the spring months, likely due to seasonality. Average days on market fell from January to April as a result of high demand in the spring.
Month-over-month changes in average days on market fell in most areas except for Miami and Phoenix. According to the data, San Francisco areas had the shortest average days on market from March to April 2018.1
1Source data: CoreLogic®
Data date: 07/25/2018
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