The housing market is in the midst of its biggest slowdown since the pandemic, according to Redfin.
Homes stayed on the market for the longest in West Palm Beach, Florida, with listings taking a median 79 days before being sold.
That was followed by Fort Lauderdale, Florida, and Jacksonville, Florida, where homes stayed on the market for a median 75 and 65 days respectively.
Seattle was the hottest housing market in the nation last month, with homes staying on the market for a median of 12 days, per Redfin's report.
"Anyone who has been paying attention to the housing market over the past few years knows that desirable homes sell right away," Fairweather said.
Persons:
It's, Darryl Fairweather, Redfin's, " Fairweather, Redfin
Organizations:
Business, . Homes, Federal Reserve, Buyers
Locations:
Towns, Florida, Texas, Palm Beach , Florida, Fort Lauderdale , Florida, Jacksonville , Florida, Seattle, Indianapolis , Indiana, Warren , Michigan
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