The National Association of Realtors' latest data show that properties sold in November 2017 were typically on the market for 40 days, down from 43 days in November 2016.
Some of the metropolitan areas where properties sold most quickly were in California, the NAR data concluded. Realtor.com's data show that properties sold the fastest in San Jose-Sunnyvale-Sta. Clara, at 34 days. In 2016, properties sold on average after 41 days on the market. San-Francisco-Oakland-Hayward was close behind with 37 days in 2017, down from 42 days during the same period in 2016.
During the September–November 2017, properties sold in less than 31 days in 16 states: Washington, Oregon, California, Nevada, Utah, Colorado, North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Indiana, Kentucky, Tennessee, Rhode Island, and Massachusetts. Properties also sold in less than 31 days in the District of Columbia.