what is the average length of time on the market?

Asked by Robert Higgins, Newburyport, MA Sun Jul 19, 2009

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Greer Swiston, Agent, Newton, MA
Sun Jul 19, 2009
Sorry, I should have noted that those stats are specific to Newburyport.
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Greer Swiston, Agent, Newton, MA
Sun Jul 19, 2009
Are you a new agent? This is certainly information that is fairly easily researched on your own.

Of the 199 residential properties sold over the past year, the average number of days before a property went under agreement was 134 days.

Of the 59 most recent properties sold in the past three months, the average was 123 days before going under agreement (ranging from 39 days to as long a 319 days).

The bulk of activity happening around 250K-300K ...
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