Why Are Homes Selling So Fast This Summer As Lockdowns Lift
The online real estate marketplace analyzed the average number of days it took for new listings on the site to switch from “active” to “pending,” which indicates the seller has an offer but hasn’t yet closed the deal. During the second week of June, homes sold in the U.S. typically remained on the market for just 22 days. In comparison, the average listing hasn’t sold that fast since June 2018....