BREAKING: 48% of US Homes for Sale Have Been on the Market for 60 Days or More
🏡 In August, nearly half of all US homes listed were on the market for at least 60 days, the highest for any August since 2019.
📈 Key Figures:
Time on Market 60 Days or More: Up from 43% in August 2023.Time on Market 30 Days or More: Up to 69% from 64% last year.Average Time to Sell: 37 days, 6 days longer than a year ago.
📉 Demand for housing continues to slow.