After a period of strong demand for luxury housing, the market in North America started to cool, resulting in a longer period required for a home sale. In July 2024, single-family and attached homes spent 22 days on the market, higher than in July 2022, when it took 12 and 13 days, respectively, to sell a property.
Average number of days on market of luxury single family and attached homes in North America from July 2020 to July 2024
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Institute for Luxury Home Marketing. (August 13, 2024). Average number of days on market of luxury single family and attached homes in North America from July 2020 to July 2024 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Average number of days on market of luxury single family and attached homes in North America from July 2020 to July 2024." Chart. August 13, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. (2024). Average number of days on market of luxury single family and attached homes in North America from July 2020 to July 2024. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. "Average Number of Days on Market of Luxury Single Family and Attached Homes in North America from July 2020 to July 2024." Statista, Statista Inc., 13 Aug 2024, https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing, Average number of days on market of luxury single family and attached homes in North America from July 2020 to July 2024 Statista, https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/ (last visited December 22, 2024)
Average number of days on market of luxury single family and attached homes in North America from July 2020 to July 2024 [Graph], Institute for Luxury Home Marketing, August 13, 2024. [Online]. Available: https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/