Days On Market Calculator

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Now, let’s take the 365 days in a year and divide by 1.5 and you get 243, which is the true average days on market. In other words I should expect an average home to sit on the market for about eight months. So that’s how it works. But using my calculator, it’s all done for you.

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I count the first day the property was expose to market at its original listed price. Therefore if there are multiple listings for the property that are continuous over time (with out a 30 day gap or more), I sum the days on market. I state this information in the report.

The hot metros in the West have the shortest days on market. In San Francisco, it only takes 48 days to go from listing a home to signing papers. In San Jose, days on market is even quicker at only 43 days. This is in sharp contrast to some metros further East like New York (151 days), Fayetteville, NC (174 days), and Jacksonville, FL (174 days).

Calculating CDOM (Cumulative Days on Market) CDOM (Cumulative Days on Market) is the collective sum of the DOM (Days on Market) from the current listing and any previous listings for a specific property. The CDOM for any new listing will include the DOM from any previous listings for that property unless the previous listing was off the market.

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