Days On Market

User Forum Topic
Submitted by aldante on November 13, 2008 - 10:21am

Can anyone tell me about the Days on Market?

I could have sworn that this house was listed just a short time ago: http://www.sdlookup.com/MLS-080076948-35...

I can not remember how much but it was not that long ago. I thought that there was some rule about how long a house had to be off the market before it was put back on as a new listing?

I am assuming that the house did not sell the first time becasue it says last sale was in 87.......

Any info would be appreciated.

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DOM is a measure of how many
Submitted by SD Realtor on November 13, 2008 - 10:30am.

DOM is a measure of how many days the property has been listed as an ACTIVE listing under the CURRENT listing agreement the seller has with the broker. If the listing agreement expires or either the broker or the seller cancel the contract the property is moved from ACTIVE status to CANCELLED or EXPIRED.

The seller can relist with another agent or even the same agent. Once that is done the property goes on the market as an ACTIVE property with a different MLS number and the days on market is reset to 0. A simple view of the listing history reveals subsequent listings. Your agent can pull that for you. In this case yes the property was previously listed.