Wednesday, October 9, 2024

CONTACT US

The 50 places where homes are taking the longest to sell

- Advertisement -spot_imgspot_img

Photo by Maximillian Conacher on Unsplash

Written by Elena Cox | Stacker

Click here to read the full article.

The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But things are more muted in 2023 as high home prices and mortgage interest rates scare potential buyers. In June, the median number of days a home spent on the market was 29, 11 days longer than the year before.

Stacker compiled a list of metros where homes are taking the longest to sell, using data from Redfin. Metros are ranked by the most days listed for sale for June, with the metros with the most home sales ranked higher in cases of ties. Metros with over 300 home sales were included.

Advertismentspot_img
Latest news
- Advertisement -spot_img
Related news