Nearly half the homes listed in San Jose during November entered into contract within two weeks and the median time a property is listed for is just 12 days.
Philadelphia is at the other end of the spectrum, with only 7% of homes going into contract within two weeks of listing, up from 6% in October. Homes here are on the market for a median of 71 days, up from 69 days in October.
Homes listed for sale in Boston are spending 25% fewer days on the market. The median time on market for a Boston for sale property is 42 days, down from 55% for October.
Redfin previously found that there were 7% fewer potential buyers seeking house tours in November versus October.
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