What term applies to the characteristic of real estate investments that indicates how quickly they can be sold?

The correct term that refers to the characteristic of real estate investments indicating how quickly they can be sold is liquidity. Liquidity in real estate is an essential concept because it reflects the ease and speed with which a property can be converted into cash without significantly affecting its price.

In the context of real estate, liquid assets are those that can be sold quickly, whereas illiquid assets may take longer to sell and may require a price reduction to attract buyers. Understanding liquidity is critical for investors who may need to access cash quickly or who are assessing the risks associated with their real estate investments.

Marketability, while related, focuses more on how desirable a property is and its ability to attract buyers, which can influence how quickly it can be sold. Volatility refers to the fluctuation in the price of an asset, indicating how much its value can vary over time, while stability pertains to the consistency of prices and market conditions. Each of these terms has its own distinct meaning and application in real estate, but in this context, liquidity directly addresses the speed of selling a property.