According to April 2017 statistics from Highland Lakes Association of Realtors, days on market is down just over 11% versus a year ago. To answer our question in the title, yes, homes are selling more quickly. You’ll notice inventory is down as are active listings. Also, fewer homes closed versus last year. In general economic terms, that should speed sales time since there is less to sell and buyers are still available. True in Burnet County in April 2017.
You can learn more from our most recent newsletter here in addition to other housing statistics that might interest you.
If you would like to learn more about this topic or any other real estate questions, give us a call at 512-756-2775.