• A house for sale in the U.S. is now averaging six to seven weeks on the market after distressed sales are factored out, the National Association of Realtors says.
• In 2009, average time on the market peaked at 10 weeks for traditional sales. Distressed sales normally go slower and raise averages, and July was at 69 days when calculated that way.
• The market nationally is returning to a normal balance between sellers and buyers, the association's chief economist, Lawrence Yun, said.

From the article:

The amount of time it takes to sell a home is shrinking, according to a new measure by the National Association of Realtors. ...