Good news for sellers: the Average days on market until sale is dropping. Unfortunately for sellers of high-end properties, the only price range where he average market time is actually still increasing is for properties above $1 million. In the last year, market time in that segment has increased from 141 to 168.
Townhome properties continue to post very healthy market metrics. There's only 3.6 months of available supply, lowest of any property type. And the median sales price has actually increased by 4.4% over the last year.
