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Selling times reaching new lows

New research suggests that not only are typical selling times declining in the current bull market for housing, but they may have hit record lows.

Nation’s Housing

WASHINGTON — How fast should your house sell once you put it on the market? Within a week? A few weeks? A couple of months? Longer?

New research suggests that not only are typical selling times declining in the current bull market for housing, but they may have hit record lows. According to realty brokerage Redfin, the median time on market dipped to just 26 days during June — the shortest time on record for its database — with houses in some markets moving from listing to contract in 11 days or less.