After a period of strong demand for luxury housing, the market in North America started cooling off in the second half of 2022. In April 2022, single family and attached homes spent as little as eight days on market and by September, the period between a property being listed and sold exceeded 20 days. Though this is an increase from the figures seen in 2021 and the the beginning of 2022, it was still below the initial months of the pandemic.
Average number of days on market of luxury single family and attached homes in North America from March 2020 to November 2022
Characteristic
Single family homes
Attached homes
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Institute for Luxury Home Marketing. (December 14, 2022). Average number of days on market of luxury single family and attached homes in North America from March 2020 to November 2022 [Graph]. In Statista. Retrieved July 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 March 2020 to November 2022." Chart. December 14, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/
Institute for Luxury Home Marketing. (2022). Average number of days on market of luxury single family and attached homes in North America from March 2020 to November 2022. Statista. Statista Inc.. Accessed: July 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 March 2020 to November 2022." Statista, Statista Inc., 14 Dec 2022, 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 March 2020 to November 2022 Statista, https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/ (last visited July 22, 2024)
Average number of days on market of luxury single family and attached homes in North America from March 2020 to November 2022 [Graph], Institute for Luxury Home Marketing, December 14, 2022. [Online]. Available: https://www.statista.com/statistics/1234987/days-on-market-luxury-homes-north-america-by-property-type/