Houses in states that border the Pacific Ocean aren’t on the market for long.
According to a map on the Economists’ Outlook Blog, properties in California, Oregon, and Washington spent less than 30 days on average on the market, from listing time to the point when the seller accepted the buyer’s offer.
Properties that closed in July were on the market for 42 days on average across the nation. Along with the three west coast states, Utah, Colorado, Kansas, Texas, Michigan, Rhode Island, Massachusetts, Washington D.C. and North and South Dakota all saw their homes on the market for less than a month, on average.
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