Realty Biz

FEBRUARY 25, 2022

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

Days on market 126

Days on market Marketing Staging Renovation 126

The American Genius for Real Estate

JULY 20, 2022

Existing home sales fell in June, the median home price hit a historic high, and the average days on market also hit a historic low. Combined with rising interest rates squeezing even more folks out of the market, the housing market is in new territory. The post Home sales dip 5.4%

Days on market 105

Days on market Sales Marketing 105

Mandrona Group

DECEMBER 28, 2021

Here’s a sweet analogy for Days on Market – think of a home for sale like your favorite bread or. Read More.

Days on market 111

Days on market Marketing Sales 111

Notorious ROB

SEPTEMBER 22, 2020

Over at Inman, there’s a great writeup of a truly inside baseball topic: the confusion and controversy around Days On Market. Read more In Which I Solve the Days On Market “Mess” The post In Which I Solve the Days On Market “Mess” appeared first on NotoriousROB.

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Days on market Marketing MLS 78

Realtor.com

OCTOBER 12, 2021

If your "days on market" metric is too high, you might be totally killing your sale. The post Is Your Listing’s ‘Days on Market’ Scaring Off Buyers? Sorry, sellers. Here's what you need to know, and how to fix it. Here’s How To Fix It appeared first on Real Estate News & Insights | realtor.com®.

Days on market 63

Days on market Marketing Sales 63

Housing Wire

NOVEMBER 11, 2024

As he has previously stated, Reffkin highlighted data such as days on market and price drop history, which is typically displayed alongside all listings in the MLS, as being problematic and harmful to home sellers. “I I believe days on market is the killer of value.

MLS 354

MLS Brokerage Days on market Agents 354

Housing Wire

FEBRUARY 23, 2024

Another positive data line is that the days on market are above 30 days, which is something I would love to see year-round. The days on market are very seasonal, but we haven’t had the days on market stay over 30 days year-round since 2020, which is a reflection of active listings still being near all-time lows.

Sales 490

Sales Days on market Mortgages Investor 490

Housing Wire

DECEMBER 10, 2021

I’ll also highlight which variables we should be watching for unexpected market shifts. The first signal we look at to forecast the strength of the housing market is days on market – how fast are homes moving? Demand will continue to be strong into 2022.

Marketing 543

Marketing Days on market Sales As-is 543

Housing Wire

JUNE 20, 2024

Looking at Altos Research data on home prices, inventory and days on market over the past five years, Austin’s meteoric rise during the pandemic era — and its abrupt cooldown after mortgage rates started to rise in May 2022 — are evident. Contrast that with June 2022, when the average was a mere 29 days. increase.

Days on market 457

Days on market Mortgages Land Marketing 457

Housing Wire

FEBRUARY 28, 2024

A sales boom in 2020 and 2021 slashed home listings’ days on market and pushed up home sales’ price per square foot and sale-to-list price ratios. Mortgage data paints a similar picture of the increasing competitiveness of the San Diego market. The number of listings in San Diego fell 50.5%

Marketing 459

Marketing VA loan Days on market Loans 459

Housing Wire

JUNE 22, 2023

The days on market are back to a teenager level in the existing home sales market, which means I can officially say we are back to a savagely unhealthy housing market! Nothing good happens in the housing market when the days on market are at a teenager level or lower. million in May.

Marketing 526

Marketing Days on market Sales Bankruptcy 526

Housing Wire

SEPTEMBER 30, 2024

We are seeing some price drops start to happen and a little bit longer days on market.” Fontantella isn’t the only one seeing slower market conditions in Bergen County. The Altos Research Market Action Index score for the county has dropped from a 90-day average of 54.63 in early May to 47.88 as of Sept.

Marketing 361

Marketing Home sale contingency Days on market Agents 361

Keeping Current Matters

MARCH 15, 2024

With the number of new listings going up and average days on market going down, buyers may have more options, but will still want to move fast.

Days on market 327

Days on market Marketing 327

Housing Wire

JULY 3, 2024

Days on market One of the problems with having so many foreclosures and a lack of demand back in 2011 is that it took over 100 days to close a transaction — this is a sign of an unhealthy housing market. Traditionally, I’d like to see the days on the market be between 30-45 days year-round.

Marketing 381

Marketing Equity Days on market Sales 381

Housing Wire

JUNE 21, 2024

Let’s keep it simple: total active listings are still below 2019 levels nationally, and the days on market are under 30 days today. Both existing housing inventory and home prices have been rising together year over year, which might seem odd at first glance since existing home sales are trending near all-time lows.

Days on market 481

Days on market Sales Mortgages As-is 481

Housing Wire

JANUARY 20, 2023

However, in 2020 new listing data came back, and we don’t want to see the new listings continue to decline this year — that would be a double negative for the housing market. Days on market growing One of the reasons I called the housing market savagely unhealthy in 2022 was that houses flew off the shelves once they were listed.

Sales 541

Sales Days on market Mortgages Lending 541

Housing Wire

OCTOBER 4, 2021

Since the summer of 2020, I have argued that if mortgage rates could get over 3.75% , days on market would rise and the rate of price growth would cool. We need the days on market to grow out of the teenager stage. Start an HW+ Membership now for less than $1 a day. This content is exclusively for HW+ members.

Mortgages 529

Mortgages Days on market Staging Marketing 529

Housing Wire

AUGUST 8, 2024

17 , Simonsen has a few different markers he will be watching, including list-to-sale price ratio, days on market and the number of deals that fall through. “In In a normal market, homes sell and list for really close to the same dollar amount. As these business practice changes begin Aug.

Debt-to-income ratio 484

Debt-to-income ratio Marketing Mortgages Days on market 484

Housing Wire

JULY 24, 2024

“A lot of sellers are willing to let their home sit on the market until they get the price they want, and a lot of buyers aren’t willing to pay sky-high prices when mortgage rates are still high, Stein added. “My My advice to serious sellers is to price fairly and make cosmetic repairs before listing.” metro area analyzed.

Days on market 433

Days on market Mortgages Marketing Sales 433

Inman

SEPTEMBER 25, 2024

homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. In August, nearly half of all U.S.

Marketing 179

Marketing Days on market Sales Mortgages 179

Housing Wire

DECEMBER 20, 2023

From NAR : First-time buyers were responsible for 31% of sales in November; Individual investors purchased 18% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 25 days. The days on market have always been a critical data line for me.

Sales 482

Sales Marketing Days on market Mortgages 482

HomeLight

OCTOBER 21, 2024

Get Started Watch for listings with high days on market, price reductions When you start your search for a home, you’ll gravitate toward listing photos and property stats like beds, baths, and square footage as any house hunter would. Days on market is a real estate industry term for how long a home has been available for sale.

Days on market 111

Days on market Agents Development Sales 111

Housing Wire

NOVEMBER 22, 2021

My single biggest concern for the years 2020-2024 was that home-price growth could overheat and we have seen that take place, which is why I keep on saying this is the most unhealthy housing market post-2010. Now we have some good news, the days on market grew one day from the last month’s report, from 17 to 18 days.

Sales 537

Sales Days on market Investor Mortgages 537

Housing Wire

MAY 14, 2024

As of May 13, the median days on market for single-family properties in Santa Monica with a median price of $1.85 million (the lowest market segment) and a median price of $2.622 million was 35 days and 17 days, respectively.

Backup offer 442

Backup offer Days on market Inspection Marketing 442

Housing Wire

NOVEMBER 21, 2023

Below are a few charts to go along with the existing home sales report: From NAR: First-time buyers were responsible for 28% of sales in October; Individual investors purchased 15% of homes; All-cash sales accounted for 29% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 23 days.

Sales 454

Sales Days on market Mortgages Investor 454

Housing Wire

JANUARY 12, 2022

This level, while historically still low, will mean the days on market will go higher, and this will give people choices. Here are two charts from the National Association of Realtors that will show that homes simply come off the market too fast to give housing a breather. However, sales shot right back up higher, quickly.

Days on market 538

Days on market Loans Mortgages Sales 538

Real Estate News

APRIL 14, 2023

A new report identified areas with the biggest increases and decreases in days on market. Agents in Erie, Charleston and Chico share their insights.

Marketing 253

Marketing Sales Days on market Agents 253

BAM Media

AUGUST 2, 2024

Those 50 days on market, though, are still eight days shorter than the typical days on market for homes this time of year between 2017 and 2019. The share of listings with price cuts increased in all 50 of the top U.S. gain over July 2019.

Days on market 95

Days on market Staging Sales Mortgages 95

Housing Wire

JUNE 28, 2024

Although pending sales are up, local agents noted that properties are taking longer to go under contract, leading to an uptick in inventory and days on market. Data from Altos Research shows that the 90-day average number of days on market in Coos County is 49 days, up from 42 days a year ago.

Marketing 394

Marketing Days on market Agents Inspection 394

Marco Santarelli

AUGUST 12, 2024

The Top 20 Hottest Markets – July 2024 1. Oshkosh, WI Median List Price: $374,000 Days on Market: 18 Oshkosh has emerged as the hottest housing market, recognized for its affordability and rapid sales pace. Decatur, AL: Experienced a decline of 112 spots. Yuma, AZ: Slipped down 104 spots.

Marketing 98

Marketing Days on market As-is Sales 98

Housing Wire

DECEMBER 21, 2021

The median days on market in November was 17, according to Redfin, much lower than the average of 80 days on market that Realtor.com reported in November 2019. The more outdated homes are kind of going back to more normal market trends in terms of average days on market.

Land 415

Land Days on market Agents Marketing 415

Inman

FEBRUARY 2, 2024

Active and new listings experienced single-digit increases for the third consecutive month in January, according to Realtor.com's latest market report. The boost in listings also brought buyers out, leading to a four-day decrease in the median days on market.

Days on market 173

Days on market Marketing 173

Housing Wire

MAY 18, 2023

Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. If the days on the market are at a teenager level or even lower, it’s never a good sign for the housing market. Why is this so important to me? NAR Total Inventory Data going back to 1982.

Marketing 539

Marketing Sales Mortgages Days on market 539

Keeping Current Matters

SEPTEMBER 2, 2021

Days It Takes To Sell a Home. The days-on-market metric gives an indication of how hot a market is and how quickly homes are selling. In 2019, prior to the pandemic, the average days on market stood at 35, according to NAR. Today, that number is cut in half and is now at 17 days.

Marketing 311

Marketing Days on market Residential Mortgages 311

Housing Wire

MARCH 22, 2024

“Last year we were still adjusting from the effects of the pandemic market, but now the trends seem to be getting back to our baseline, which is more like our 2019 market,” Smith said. Days on market is also trending back to what is more normal for our market as well.”

Marketing 443

Marketing Seller concession Due diligence Days on market 443

Housing Wire

JULY 18, 2024

“I know that you may not be in a hurry, however, I do want to be sure you are aware of the fact that all agents and buyers can see our days on market and if the home doesn’t sell reasonably quick, they will use the high number of days on market to rule us out or to justify making a lower offer.”

Days on market 412

Days on market Sales Marketing Agents 412

Housing Wire

MARCH 18, 2022

One of the critical data lines that I want to see improve this year is days on market. My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. NAR Research : The median existing-home sales price rose to $357,300, up 15.0%

Marketing 542

Marketing Investor Sales Days on market 542