Health & Fitness
The time it takes to sell a home nationally has dropped almost 30% according to NAR
The average Day On The Market (DOM) for real estate in South Windsor has decreased in 2012 vs. 2011.
According to the National Association of Realtors, the median time a home was listed for sale on the market was 69 days in July, down 29.6 percent from 98 days in July 2011.
(The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a seller's market.)
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Locally in South Windsor, The average Days On Market (DOM) The DOM for August was 52, up 18.2% from 44 days last month and down 5.5% from 55 days in August of last year. The August 2012 DOM was at a mid level compared with August of 2011 and 2010.*
*Source: Coldwell Banker Residential Brokerage's Market Quest
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Rocco Sanzo, GRI, Broker/Manager
Coldwell Banker Residential Brokerage
Ofc. 860-644-2461
