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This is how long it takes to sell a house in California

Posted on October 6, 2024 by Community Real Estate

Source: Fox L.A.

How long a house for sale sits on the market varies depending on many factors, including the location, season, price, condition and demand. For sellers, the length of time can have an impact on the final price. In July 2024, the median days on the market – or the number of days a home sat before going under contract – was 34 days, according to Redfin. That’s up five days compared to the same period last year. Nationwide, the median number of days to close on a sale is 24.7, while in California it took an average of 30 days for a home to sell off the market. Across the U.S., there were 1,835,669 homes for sale in July, up 19.2 percent year-over-year.

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Community Real Estate is a Real Estate Brokerage committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Probate sales, Vacant Land sales, Manufacture Homes/Mobile Homes sales, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!

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