Days on Market (DOM)

Days on market, or DOM, counts how long a home has been actively listed for sale before going under contract. It is a useful signal of demand and pricing. A low DOM often means the home is priced well and drawing strong interest, while a high DOM can suggest the price is too high, the condition needs work, or buyer demand is soft. Buyers watch DOM to judge how much room they may have to negotiate, and sellers watch it to decide whether a price adjustment is needed. Keep in mind the count can reset or look artificially low if a listing is withdrawn and relisted, so pair DOM with a comparative market analysis rather than reading it on its own.