This is a perennial debate/discussion that has taken on new meaning in this market. Jeremy Hart in Blacksburg beat me to renewing the debate and forced me to edit this brief post, that had been scheduled for more than a month …
Even More about Days on Market and Realtors Gaming the MLS.
In my opinion, Days on Market absolutely matter - it’s why Realtors market low Days on Market and why it’s one of the first questions buyers ask.
Now, however, there doesn’t seem to be the same stigma associated with a high “DOM” number - particularly when properties are frequently being seen having DOM of >300+ days.
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