Powayseller said – “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?”
I agree, PS !!!
“That long listing time is completely reflected in days on market.”
Well, not when they get relisted because the days on the market resets.
I think it is better reflected in the “months of inventory” because if an expired property drops out of inventory, then comes back into inventory, this (appropriately) doesn’t affect the “months of inventory” calculation.