Just 23 days.
Manchester-Nashua, New Hampshire, led the country in the shortest amount of time for homes to be on the market. It’s also a city that has historically voted Republican.
A new study by multifamily marketing agency Premier Online Marketing took a look at the cities in the U.S. with the shortest property listing times and then assigned a political affiliation based on voting history.
The agency reviewed for sale data from Realtor.com for more than 900 metropolitan areas. It’s a short snapshot — only for the month of August.
Most of the cities where homes moved the fastest displayed a red tint. Most were in secondary and tertiary markets.
“With median listing prices hovering around $285,000, these locations offer a relatively affordable entry point into the booming housing market,” said Michael Shaug, CEO and founder of Premier, in a statement.
“However, the rapid turnover also underscores the competitive nature of these areas. Buyers may need to act swiftly and be prepared to offer competitive bids to secure their desired property.”
The Manchester-Nashua metropolitan area claimed the top spot. Nine other cities tied for second through fifth on the list.
For No. 2, Midland, Michigan; Rockford, Illinois; and Fremont, Ohio, all were tied at 25 median days on the market. Midland and Fremont have historically voted Republican. Fremont has historically voted Democrat, according to the survey.
At No. 3, Defiance and Ashland, both in Ohio, tied at 26 days on the market. Both have historically voted red.
At No. 4, Oshkosh-Neenah and Milwaukee-Waukesha, both in Wisconsin, tied at 29 days. The former has historically voted red and the latter has historically voted blue.
Three cities tied for No. 5. Those were Springfield, Ohio; Rochelle, Illinois; and Hutchinson, Kansas. All three have historically voted Republican.