House sale time on market reducing: CoreLogic

House sale time on market reducing: CoreLogic
House sale time on market reducing: CoreLogic

Auction clearance rates are at their strongest in more than a year with a clearance rate of 77 percent for 3,700 auctions, according to CoreLogic.

The average time on market is also decreasing with a property averaging 55 days on the market before it’s sold as of this year.

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House sale time on market reducing: CoreLogic

Although new stocks are similar compared to last year overall the number of listings this year is lower as there is a decline of 1% overall.

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House sale time on market reducing: CoreLogic

Tags: 
Clearance Rate House Sales

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