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Median Days on the Market Drops to 27! [INFOGRAPHIC]

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!

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