If you are considering a short sale instead of walking away, this may be the most important news you read today. As of today, at the end of 2011, short sales comprise 30% of the residential real estate market. The average number of days on the market is less than 30. Traditional home sales average 90-180 days on market. Traditional listings are over-priced for the market by at least 10%, most of the time and usually sell at 90% of their list price.