BAM Media

JUNE 2, 2025

10 Most Competitive Metros These are the markets where your buyers will face the stiffest competition, and where sellers are still calling the shots. Each of these cities sees more than eight shoppers per listing, and homes go pending in 10 days or less in many of them. sell above list, 10 days to pending Hartford, CT 11.3

Marketing

Redfin

JULY 30, 2025

Knowing your true budget means going beyond just what a lender will approve you for. Get pre-approved for a mortgage and have cash ready One of the biggest signals to sellers that you’re serious is a mortgage pre-approval letter. Why pre-approval matters: It gives sellers confidence in your ability to close.

Earnest money deposit

Marco Santarelli

FEBRUARY 28, 2025

Zillow's Methodology: How They Predict the Heat Their “hottest market” ranking isn't just a guess; it's based on a sophisticated index that takes several factors into account: Forecasted Home Value Appreciation: This looks at how much Zillow expects home values to increase over the coming year. Shorter times suggest high demand.

Marketing

Marco Santarelli

MAY 24, 2025

A pre-approval for a mortgage is a must. The days of naming your price and getting multiple offers in a weekend are likely over. Research, research, research: Understand local price trends, inventory levels, and average days on market. Get pre-approved: Know exactly what you can afford before you start looking.

Marketing

Marco Santarelli

JULY 25, 2025

Let's take a closer look: Rank Metro Area Share of Listings with Price Cuts Median Listing Price Price Change YoY Median Days on Market 1 Denver, CO 33.7% $609,950 -3.6% Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage. 58 4 Tampa, FL 31.2% $419,000 -1.4%

Marketing

BAM Media

JUNE 24, 2025

Showing Up Unprepared Showing homes without knowing the comps, days on market, or list-to-sale price trends is lazy. If the MLS says “Include pre-approval and buyer financials,” don’t just send over an agreement with nothing attached. You’re walking into someone’s home. I’ve seen bank statements with no names.

Agents

Redfin

JUNE 25, 2025

In a hot seller’s market, they can go under contract in as little as 1 to 3 weeks. If you’re unsure whether or not the house has sat on the market for “awhile,” take a look at the average DOM (Days on Market) of the house’s comparables. How do I bid on a house that is overpriced?

Pre-approval

Marco Santarelli

JUNE 19, 2025

Days on Market are Increasing: Sellers Take Note! Adding to this trend, the median number of days it takes to sell a home in California in May was 21 days compared to just 16 days the previous year. Buyers: This could be your chance to enter the market. What does this mean for you if you are a buyer?

Sales

Marco Santarelli

MARCH 13, 2025

To get a clearer picture of what's happening in the housing market, let's take a look at some key data points from Redfin for the four weeks ending March 9, 2025: Median Sale Price: $381,975 ( Up 3.2% Share of Homes Off Market in 2 Weeks 34.6% Down from 39% Median Days on Market 52 +7 days Share of Homes Sold Above List Price 22.9%

Mortgages

HomeLight

JULY 29, 2025

Fast facts about selling a house ‘as is’ in Kentucky Median sales price in Kentucky $285,000 Average days on market (DOM) for Kentucky 13 days Disclosures Kentucky law requires sellers to disclose material facts about the property through the Kentucky Sellers Disclosure of Property Condition MLS has a field to mark a listing “as is”?

As-is

Marco Santarelli

FEBRUARY 13, 2025

Days on Market: A speedy 46 days , much faster than the national median of 73 days. Even with the increase, the hottest markets had only about half the number of homes for sale in January compared to pre-pandemic levels. Work with a Local Agent: An agent who knows the market inside and out can be invaluable.

Marketing

HomeLight

APRIL 11, 2025

Because cash buyers already have the funds available, theres no need to wait on mortgage approvals or inspections. After reviewing your homes condition and the market value, a buyer will make an offer. In Silver Spring, homes are selling with a median days on market (DOM) of 22 days.

Inspection

Housing Wire

APRIL 22, 2024

You’ll want to include the list price, sale price, and days on market. I would love to find them a home that is not yet on the market! I’d be happy to email you a copy of their pre-approval letter. If there were multiple offers, you may also want to include how many were received.

Brokerage

RIS Media

AUGUST 20, 2020

Here’s the market breakdown for the week ending August 15: New Listings: -11 percent YoY. Days on Market: 4 days faster YoY. To get a leg up on the competition, buyers should get pre-approved for a mortgage so they can make fast offers and work with a local agent who has a deep understanding of their local market.”

Pre-approval

HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. home was on the market for an average of 24 days , with Ellie May estimating an average of 46 days to close on a purchase loan. Your sale could be different.

Closing

HomeLight

JUNE 9, 2023

If you’ve proactively obtained a pre-listing home inspection , then you might convince a buyer (cash or lender-backed) to waive an inspection contingency to speed up the sale. With this active status, days on market will continue to accrue , as well. If I accept an offer with contingencies, what happens to my listing status?

Home sale contingency

Realty Biz

MARCH 13, 2024

This article explores the key factors home buyers need to know about the Maryland housing market this year. Getting Pre-Approved For A Mortgage In a seller’s market like Maryland, getting pre-approved for a mortgage loan should be one of the first steps for hopeful buyers.

Pre-approval

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). What do days on market mean? Average Days in 2021. Average Days in 2021. Days on Market.

Purchase and sale agreement

Marco Santarelli

OCTOBER 3, 2023

Days on Market and Neighborhoods On average, homes in Little Rock, AR sold after 34 days on the market. The trend for the median days on market has been decreasing since the previous month and slightly down compared to last year.

Marketing

Marco Santarelli

OCTOBER 4, 2023

Market Dynamics in Missoula, MT Missoula, MT is a buyer's market in August 2023 , which means that the supply of homes is greater than the demand for homes. Median days on market : 35 Days On average, homes in Missoula, MT sell after 35 days on the market.

Marketing

Marco Santarelli

OCTOBER 4, 2023

Here are some tips for buying a home in the Newark housing market : Be prepared to act quickly. Get pre-approved for a mortgage before you start shopping. Work with a qualified real estate agent who can help you navigate the competitive market. On average, homes in Newark, NJ sell after 41 days on the market.

Marketing

Realty Biz

JULY 25, 2022

This is happening at the same time my loan application was pre-approved. Skylar, it does sound like you understand that your local market might be shifting from a seller’s market towards a buyer’s market as indicated by falling house prices. The higher interest rates are knocking a lot of buyers out of the market.

Pre-approval

HomeLight

APRIL 21, 2022

Even if a buyer has been pre-approved by a lender, the loan could still be denied or delayed due to a change in job status, a low home appraisal , or a dozen different reasons. Has your home been sitting longer than the average ‘days on market’? A high number of DOM will typically indicate that your home is overpriced.

Inspection contingency

BAM Media

MAY 27, 2025

You might be the most prepared, strategic, and client-focused agent in your market. But if your presentation still promises to help someone find their dream home and get pre-approved, youre blending in with every other agent and getting treated like one, too. Click here to find out if Mosaik is available in your market!

Pre-approval

HomeLight

SEPTEMBER 21, 2020

When hiring an agent, military sellers should focus on a key stat in the agent’s track record: days on market (DOM). Every city has an average days on market which refers to how quickly properties go from active to under contract (i.e., Keep in mind, days on market is not the total time it takes to sell a home.

VA loan

The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. Traditionally, the number of days on market is low.

Marketing

HomeLight

MARCH 30, 2021

Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved.

Due diligence

Marco Santarelli

AUGUST 2, 2020

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. NYC Real Estate Market Prices & Trends Before COVID-19. Home sales in the NYC housing market were down 46 percent from last year's June. Median Days on Market were 84 which was 6 days faster than last year.

Marketing

Marco Santarelli

JUNE 8, 2024

Here's how they decipher which areas are experiencing a fiery demand: Buyer Activity: Realtor.com analyzes listing views in each market. A high number of views translates to strong buyer interest, indicating a hot market. Inventory Levels: Conversely, the median days on market serves as a gauge of available inventory.

Pre-approval

HomeLight

DECEMBER 9, 2021

This free online tool uses average days on market data to compare agents on how fast they’ve sold homes like yours and find a top real estate agent near you who can save you time and money. HomeLight has a network of hundreds of pre-approved instant buyers across the country as part of our Simple Sale platform.

Sales

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Average days on market : 46 (November 2022). Get a pre-listing appraisal.

Purchase and sale agreement

HomeLight

MAY 19, 2022

Average days on market for Maryland. Consider a pre-listing inspection. A pre-listing home inspection is the same as a standard home inspection except that the seller pays for it before listing their home on the market. Not every buyer who has an approval letter will get to the finish line.”. Disclosures.

As-is

Toronto Realty Blog

JANUARY 13, 2021

Rosy views on the housing market have helped drive overall household sentiment back to pre-pandemic levels even with the country dealing with a second wave of COVID-19 cases and new lockdowns. I’m looking at one now that’s coming onto the market on Thursday as well as one that was on the market last year and did not sell.

Sales

HomeLight

MARCH 21, 2023

It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry. Get pre-approved to save time once you find the house you want. HomeLight can connect you with the most knowledgeable, top agents in your selected market. Find a trusted agent.

Agents

HomeLight

FEBRUARY 4, 2021

To confront that, Causey says most sellers conduct a pre-sale inspection and put together a disclosure package to give to potential buyers. Things can move fast in Fremont (the average days on market for the last three months of 2020 was 14 days ), so it’s best to have a competitive offer ready when you find the perfect home.

Inspection

Windemere Buying

APRIL 11, 2022

For a quarterly breakdown of local market conditions, explore our Market Updates page. With data analyzed by our Chief Economist Matthew Gardner, each report breaks down the latest figures in home sales, home prices, and days on market for regions throughout Windermere’s footprint. What can you afford?

Pre-approval

HomeLight

MAY 23, 2022

Average days on market for Massachusetts. Hire them because of the process they do and their marketing plan because that’s what’s going to get you the most money.”. Consider a pre-listing inspection. That being said, a pre-listing inspection isn’t a necessity. Median sales price in Massachusetts. Disclosures.

As-is