The number of days a house is on market prior to selling is another of the indicators that you can look to in order to track a market.  The chart below shows average days on market for re-sales in Corona, CA.  Note that after the major disruptions which caused the housing market to go lower in late 2007 (or was it the housing market that caused the disruptions, I can’t remember), the days on market metric has generally stabilized at between 60 and 70 days required to sell a house.

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