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Median Days on the Market Drops to 27!
July 20, 2017
Median Days on the Market Drops to 27!
![Median Days on the Market Drops to 27! [INFOGRAPHIC] | MyKCM](https://d8yi0qr1xsq5x.cloudfront.net/2017/06/26164000/20170707-Days-on-the-Market-STM-1046x1354.jpg)
Some Highlights:
- The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
- The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
- Homes sold in less than a month in 24 out of 50 states, and Washington D.C.
- Homes typically went under contract in 27 days in May!