Whether it’s a glut of new construction, high interest rates and high listing prices or just the general uncertainty surrounding today’s economy but for a number of metro areas in the South and West (with one outlier), houses are sitting on the market much longer that in the past.
Below are ten such cities with the year-over-year increase in days on market included:
- Nashville, TN: +20 days
- Miami, FL: +15 days
- Orlando, FL: +15 days
- Tucson, AZ: +12 days
- Jacksonville, FL: +12 days
- Columbus, OH: +11 days
- Las Vegas, NV: +11 days
- Riverside, CA: +11 days
- Tampa, FL: +11 days
- Raleigh, NC: +10 days