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Time on Market in Atlanta Down 15.5%

by Peter Thomas Ricci

Market activity in Atlanta has quickened considerably, according to a new series of stats from Redfin.

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Chicagoland’s housing market had the need – the need for speed – in October, with time on market in the area falling 15 percent year-over-year in October, according to Redfin’s latest Real-Time Fastest Markets report. All told, it took 38 days on average for homes in Chicago to pend, down from 45 days a year ago.

Similarly positive was the percentage of Atlanta listings that pended in two weeks or less. In October, 22.9 percent of listings pended in that time frame, up from 9.5 percent last year.

How does Atlanta compare with other markets, though? Check out our graphs below to find out:

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