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

FEBRUARY 26, 2025

To give a complete view of a local market in the context of national trends, the new chart features include inventory, median list price, average days on market, price reductions, price percentage increases, median rent, and more. Subscribers can select the most relevant information to display on their customized homepage.

Marketing 369

Marketing Days on market Industrial As-is 369

Housing Wire

MARCH 3, 2025

On most MLSs, if the property has been off the market for maybe 30 days, theyll reset the days on market and original list price. In the Altos data, we track total days on market. So while this condo officially shows as a new listing, in the Altos data we show nearly 400 days on market.

Sales 374

Sales Mortgages Days on market As-is 374

Real Estate News

FEBRUARY 11, 2025

While some association policies address DOM, its up to local MLSs and brokers to define and track the data or decide if they want to collect it at all.

Days on market 149

Days on market Industrial Marketing 149

Housing Wire

MARCH 26, 2025

NARs FAQs also noted that, like its decision to allow local MLSs to decide how long brokers can delay a listing from syndication, the local MLSs will also be able to decide how they handle days on market and whether or not they show the price change history of a delayed marketing listing.

Marketing 221

Marketing MLS Brokerage Days on market 221

Housing Wire

MARCH 18, 2025

Compass wrote that this ensures participation / sharing with agents who participate in that MLS while giving agents and sellers greater flexibility in marketing a property. The Chicago areas Midwest Real Estate Data (MRED) MLS offers similar capabilities through its private listing network, according to Compass.

MLS 312

MLS Design Days on market Agents 312

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

FEBRUARY 11, 2025

Instead of discussing a potential compromise like a one-to-three-week grace period for posting to an MLS , weve seen the repeal proponents bang the drum about how the policy hurts sellers by showing days-on-market and price reductions.

MLS 349

MLS Brokerage Industrial Agents 349

Housing Wire

OCTOBER 28, 2024

I’ve talked about rising inventory, slightly more sellers each week, longer days on market, fewer immediate sales — given all this data, you’d expect that would mean that prices would be subsiding at least a bit, but in general, across the country, home prices are not subsiding.

Mortgages 476

Mortgages Sales Marketing As-is 476

Housing Wire

MARCH 31, 2025

Specifically, they are reaching out to home sellers who experienced a price drop or significant days on market. Now, a new website , called Washington Homeowner Rights, is soliciting NWMLS home sellers in Washington state for a potential class action lawsuit.

MLS 259

MLS Brokerage Industrial Days on market 259

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 493

Sales Days on market Mortgages Investor 493

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 487

Days on market Mortgages Land Marketing 487

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

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

Inman

MARCH 31, 2025

A new website soliciting plaintiffs for a possible class-action suit against the Washington MLS asks homeowners if they've sold in the state and seen "a price drop or significant days on market."

MLS 158

MLS Days on market Marketing Brokerage 158

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 539

Sales Days on market Investor Mortgages 539

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 Sales Mortgages 538

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 482

Days on market Sales Mortgages As-is 482

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

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 432

Marketing Home sale contingency Days on market Agents 432

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 385

Marketing Equity Days on market Sales 385

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 491

Sales Days on market Mortgages Investor 491

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 358

Days on market Marketing 358

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 488

Debt-to-income ratio Marketing Mortgages Days on market 488

Housing Wire

AUGUST 18, 2020

“The hottest zip codes have bucked the national trend of a housing market slowdown during the COVID-19 pandemic,” Danielle Hale, realtor.com’s chief economist said in the report. “Likewise, all of the hottest zip codes saw demand increase, with rising views per property on realtor.com compared to last year.”.

Marketing 516

Marketing Days on market As-is 516

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 418

Land Days on market Agents Marketing 418

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

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

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 Days on market Mortgages 539

Housing Wire

MARCH 24, 2025

Luxury properties, unique custom homes or rural properties have a smaller pool of buyers, which can lead to longer days on market. If your high-end or niche property is sitting on the market for a while, you may need to set different expectations with the seller about the timeline before addressing price adjustments.

Staging 363

Staging Sales Agents Marketing 363

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 435

Days on market Mortgages Marketing Sales 435

Housing Wire

JANUARY 22, 2025

Much of the criticism surrounding CCP has been about how certain information (like days on market and price drop history) can supposedly have a negative impact on a listing. But Carter believes this information is vital for consumers, as days on market helps a buyer negotiate a price while helping a seller with pricing strategy.

MLS 391

MLS Proof of funds Brokerage Days on market 391

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 448

Backup offer Days on market Inspection Marketing 448

Housing Wire

MARCH 26, 2025

Instead of discussing a potential compromise like a one-to-three-week grace period for posting to an MLS , weve seen the repeal proponents bang the drum about how the policy hurts sellers by showing days-on-market and price reductions.

Industrial 366

Industrial MLS Brokerage Seller disclosure 366

Housing Wire

NOVEMBER 19, 2020

Days on market fell from 36 days to 21 days on a year-over-year basis. The housing market is hot. Existing home sales came in at a whopping 6,850,000 , beating estimates with the highest print since 2006. Cash buyers remain at a historically high level of 19%, the same as last year, while sales grew 26.6%

Marketing 545

Marketing Sales Days on market Mortgages 545

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

HomeLight

MARCH 28, 2025

In the real estate industry, this listing-to-contract period is referred to as DOM, or days on market. What is days on market in a home sale? This easy-scan Q&A post is specifically designed for sellers, whether your home is already listed on the market or youre making plans and need to estimate a timeline.

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Days on market Sales Marketing Agents 52