NewsIn quick lock step: median time on market for a home in Sydney and Melbourne is 31 days: CoreLogic RP DataIn quick lock step: median time on market for a home in Sydney and Melbourne is 31 days: CoreLogic RP DataProperty ObserverMay 29, 2016The median time on market for a home in Sydney and Melbourne is 31 days, with units 30 in Sydney and 34 in Melbourne.The average vendor discount for a Sydney home is 5.2 percent and Melbourne 4.6 percent. For units the figure is 4.6 percent for both Sydney and Melbourne.Click to enlarge Property ObserverTags:Residential SalesTime On Market