The median days on market for SFH and condo sales was 20, down by over 20% compared to 2015. There was 2.6 months of remaining inventory in the SFH market and 2.9 months remaining inventory for condominiums.
SFH priced in the $475,001-$650,000 range had the least days on market at 17. Condos priced in the $375,001-$475,000 ranges has the least days on market, at 17. SFH sales received an average of 98.2% of their list price and condominiums received 98.6%.
Data source: HBR Monthly Housing Statistics