How Quickly Are Properties Sold?

[Sean K.]

Does anyone know of a good source and/or site that can show you how quickly homes are being sold in a particular area, from the time they were listed. I know that Zillow and Trulia can do this on an individual basis, but I'm looking more for statistics. My biggest fear in investing in a property, has to do with the question "what if I end up holding my property for a long time, because people aren't buying that much in my area?". I don't want to have a piece of property that's going to cost me a fortune, because the market it so slow in my area. There are a lot of pre- foreclosure auctions going on around where I live, but that's also making me wonder if anyone's really buying in this area, or going to buy on this area. I want something to show me if property purchases are happening a lot around where I live, and if so, where and how many.