In quick lock step: median time on market for a home in Sydney and Melbourne is 31 days: CoreLogic RP Data

The median time on market for a home in Sydney and Melbourne is 31 days, with units 30 in Sydney and 34 in Melbourne.

The average vendor discount for a Sydney home is 5.2 percent and Melbourne 4.6 percent. For units the figure is 4.6 percent for both Sydney and Melbourne.

Click to enlarge