Diverging Tones CoStar's Half-full Glass - The average time on market for for-sale properties dropped sharply by 19.7% in the 12-month period ended in January 2016.
- The sale price-to-asking price ratio narrowed by 3.1 percentage points in the 12-month period ended in January 2016 to 93.5% -- the highest this ratio has been since July 2007.
- The share of properties withdrawn from the market by discouraged sellers receded by 4.7 percentage points to 33.1% during the 12-month period ended in January 2016.
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