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Health & Fitness

What's The Average Time A Home Is On Market In Venice-Silicon Beach?

The average days a home is on market before accepting an offer is 36 days. I don't know if a lot of you are thinking what I'm thinking? That can't be possible. Many homes are on the market for 1-10 days only. There must be a few dud's throwing off the average. Last year, May 2012, the average days on market was 64. There has been a decrease of -44% since last year. Homes are on the market for a much shorter period of time than last year. The increased demand helps owners sell their homes quicker. Please see my chart for May 2012 vs May 2013 average days on market.

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