May 2024 Market Indicator Report May 2024 | Page 6

Cumulative Days on Market Until Sale

Average number of days between when a property is listed and when an offer is accepted in a given month .
May Year to Date
59 58
40 43
26
16
2022 2023 2024
Historical Cumulative Days on Market Until Sale by Month
2022 2023 2024
- 56.8 % + 150.0 % + 47.5 % - 51.9 % + 65.4 % + 34.9 %
Cumulative Days on Mar June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 12-Month Avg *
* Average Cumulative Days on 2024 . This is not the average o
300
250
200
150
100
50
0
01-2008
01-2009
01-2010
01-2011
01-2012
01-2013
01-2014
01-2015
01-2016
01-2017
01-2018
01-2019
01-2020
01-2021
Current as of June 10 , 2024 . Data © 2024 REsides , INC . All Rights Reserved . | Sponsored by South Carol