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Does Days on Market (DOM) Matter in Real Estate

Realty Biz

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. What is DOM?

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Green Certifications Becoming More Valuable in Commercial Real Estate

RIS Media

Brokers and agents are increasingly seeing the value of green home certifications, particularly in the commercial real estate space. The National Association of REALTORS® recently released its 2021 REALTORS® & Sustainability: Commercial Report , detailing how members are perceiving the sustainability issues facing the industry.

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Gilbert Housing Market: Prices, Trends, Predictions 2023

Marco Santarelli

Key Trends in the Gilbert Housing Market Median home price: According to data by Redfin, the median home price in Gilbert was $570,000 in August 2023, down slightly from $571,500 in August 2022. Days on market: Homes in Gilbert are selling quickly, with an average of 35 days on market in August 2023.

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Little Rock Housing Market: Prices, Trend, Forecast 2023

Marco Santarelli

Days on Market and Neighborhoods On average, homes in Little Rock, AR sold after 34 days on the market. The trend for the median days on market has been decreasing since the previous month and slightly down compared to last year.

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Des Moines Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

Median Days on Market The median days on market in Des Moines, IA is 41 days. A lower number indicates a faster-paced market, which is beneficial for sellers. Consider various property types, such as residential, commercial, or multifamily, to balance your portfolio.

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Where to Buy Denver Investment Properties in 2023?

Marco Santarelli

Extended Days on Market: The average time a home spent on the market in Denver increased to 18 days in September 2023, up from 15.7 days the previous year. Union Station Located in downtown Denver, Union Station is a thriving neighborhood offering a blend of residential, commercial, and retail properties.

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Idaho Falls Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

This buyer-oriented market can influence various aspects, including negotiating power and potential incentives for those looking to make a purchase in the region. Median Days on Market: 41 Days Timing is crucial in the real estate market, and in Idaho Falls, homes are spending an average of 41 days on the market.