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What Does "Days on Market" Mean?

What Does "Days on Market" Mean?

Days on market (often referred to as DOM) is a term used to describe how many days a property has been actively listed for sale before it goes into contract.

This metric is commonly used to help understand the pace of the real estate market. In Contra Costa County, days on market can vary depending on location, pricing, condition, and buyer demand.

Homes with fewer days on market often reflect strong interest from buyers. These properties are typically well-prepared and priced in alignment with current market conditions. On the other hand, homes with a longer time on market may benefit from adjustments to pricing, presentation, or marketing strategy.

It is important to remember that days on market is only one piece of the overall picture. Each home is unique, and understanding how this number applies to a specific property requires looking at multiple factors.

The beauty of experience is being able to interpret what these numbers really mean. With decades of experience and hundreds of transactions, there is very little I have not seen.

As a REALTOR®, I serve as a negotiator, counselor, and advocate—helping my clients understand market data so they can make informed decisions.

I believe REALTOR® and RESOURCE are synonymous.

It’s your real estate journey… I am the guide.

Your REALTOR® for life,

Terrylynn Fisher

WORK WITH TERRYLYNN

Focusing on collaboration versus competition, I have found a successful strength in numbers approach to real estate. At Dudum Real Estate Group we are small enough to be personal, yet large enough to be powerful. Experience the Dudum difference.

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