Closing costs Days on market New Construction Renovation 
HomeLight
APRIL 21, 2023
Flippers and “ we buy houses ” companies will often look for houses that need renovation. Pros: Fast closing: A cash sale is significantly faster than a traditional mortgage-backed home purchase, often allowing you to close in as few as three to 10 days. Average days on market: 21 Average days on market: 29 + 38.1%
Marco Santarelli
SEPTEMBER 22, 2020
On average, homes in the Chicago area sell after 63 days on the market. The trend for median days on market in Chicago has gone up since last month, and slightly down since last year. The Chicago metro area housing market is slowly improving as more homes went into the contract in July as compared to June.
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