According to an article on the National Association of Realtors web site:
With limited inventory relative to demand, properties sold faster in March, at a median of 55 days, according to the latest REALTORS® Confidence Index. Based on reported days on market of a survey of REALTORS®, short sales were on the market for the longest, at 112 days (98 in February), and foreclosed properties were on market at 55 days (60 in February). Non-distressed properties were on the market at 53 days (61 in February). Conditions varied across areas.
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