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  1. Nov 5, 2024 · As of September 2024, the inventory of unsold existing homes is calculated to take 4.3 months to sell, according to the NAR. For context, a healthy, balanced market typically has around 6 months of supply. When there’s less than 6 months of supply, it’s a seller’s market; when there’s more than 6 months of supply, it’s a buyer’s market.

  2. Jul 15, 2024 · In New Jersey, it takes an average of 75 days to sell a house. That’s 19.4% faster than than the national average of 93 days. On average, homes in New Jersey sit on the market for 40 days, and it typically takes 35 days to close once an offer has been accepted. Keep in mind that the housing market is constantly changing — these are annual ...

  3. Nov 26, 2019 · After an offer is accepted, home sales typically require an additional 30- to 45- day closing period before they are officially sold. Therefore, the average time it takes to sell a house is 55-70 days in the U.S. The amount of time it takes to sell a home varies greatly depending on local market conditions, demand and seasonality.

  4. Aug 5, 2024 · Illinois (36.36%) and Maryland (36.22) rank sixth and seventh, respectively. Minnesota ranks eighth, with 34.43%, on the list of states where homes take the longest to sell. Of the 31,981 ...

  5. Jun 23, 2022 · 7. Wait for an offer (or offers) to roll in—and negotiate the best deal. The most common amount of time given for a home seller to respond to an offer is 24 to 48 hours. (Realtor.com) Average ...

  6. Jul 30, 2024 · How it might take 12-75 days to sell your home. A traditional home sale in which a seller lists with an agent and a buyer finances with a mortgage takes approximately 18-30 days to go under contract, plus an additional 30-45 days to closing. This means, using the conventional process, you can generally sell your home in as little as 48-75 days.

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  8. 6 days ago · 1. Best Time to Sell Your House for a Higher Price. June, July, and August are the best months to sell your house in New Jersey. The median sale price of houses in August 2023 was $513,600, which is expected to rise in 2024. However, cities like Camden, Freehold, and Colonia follow an upward trend throughout the year.

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