I still don’t see what this information tells the buyer or seller. So what if the c/e/w is 15x last year? What is the impact of this? Numbers by themselves are meaningless; I only use them if they are correlated with an outcome, or they tell a story. I still don’t get why it matters how many people pull off the MLS but keep their contract with their realtor, or how many listings expire just to relist? that long listing time is completely reflected in days on market.
Does anybody else get it and want to explain it to me? I’m not being difficult, I simply don’t see the value of those numbers.
