From floridarealtor.org
Properties sold faster in March — at a median of 55 days — due to low inventories of homes for sale nationwide, according to the latest Realtors Confidence Index. The index is based on a survey of more than 3,800 Realtors about their transactions in March.
Short sales were on the market longest — 112 days in March compared to 98 days in February, according to the report. Foreclosed homes were on the market 55 days.
About 37 percent of real estate professionals report that properties had been on the market for less than a month.
In February, 34 percent of practitioners reported the same.
Buyer traffic was also up in March, although demand was softer than a year ago.
Still, Realtor confidence about current market conditions ticked up in March, reflecting a typical seasonal increase.