If Your House Is Going To Sell, There Is A Very Good Chance It Will Be Under Contract Within A Month

So, you're thinking about putting your house on the market?

And you're wondering how long it will take to go under contract? 

And how long it will take to get to closing?

These days the chances are very high that your home will be under contract within 30 days and closed within 90 days -- and that's rounding up quite a bit.

As shown above, 78% of homes that sold in the past year were under contract within 30 days.

Technically, as per the stat at the bottom (median = five days) we can see that half of the homes that sold were under contract in five or fewer days!

So, if you're wondering how the timing of your real estate transaction *might* play out, per the stats from the past year...

Relatively (50%) Likely:  under contract within 5 days, closed within 45 days.

Very (78%) Likely:  under contract within 30 days, closed within 90 days.

One caveat, of course, is that your particular home, depending on it's location, price range, how well it is prepared, how well it is priced, how well it is marketed may over or under perform as compared to market norms.