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Typical days on market reaches slowest pace in 5 years: Redfin

Inman

Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month the slowest pace since 2020.

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Rising days on market is ‘toxic’ for ultra-luxury listings

Housing Wire

Homes exposed to more days on market through the MLS are a point of reckoning for those opposed to the Clear Cooperation Policy as they claim it drives down sale prices. And in at least one segment of the national housing market , there appears to be a strong correlation between how long a property is listed and its sale price.

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Days on market grow despite low inventory for existing homes

Housing Wire

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days.

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Will ‘days on market’ become the industry’s next big debate?

Real Estate News

Defining days on market is not as simple as it may seem, and leaders have different views on how DOM ties into transparency, consumer interests or even fraud.

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Did home sales momentum fizzle in December?

Housing Wire

This is the national view, so some markets, like in the northeast, have seen home prices increase by 10% in 2024. Days on market continues to rise Homes are staying on the market nearly 80 days now, 78.7 During the pandemic it was down closer to 20 days at the peak of the craziness. Learn more here.

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Restb.ai: In most markets, floor plans reduce days on market

Inman

has released a report on the effectiveness of floor plans on days on market. Artificial intelligence software company Restb.ai

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Your voice matters: Shape the future of real estate in your community

Housing Wire

The crucial part to understand is that local MLSs have the opportunity to decide: The period of time a listing can remain in delayed marketing status before it must be publicly marketed through IDX and syndication. How days on market are calculated. How the price change history is displayed publicly.

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