What is the Meaning of Days On Market (DOM)?

“Days on market” (or DOM) is a number that tells you how long a home has been listed on the market. The relevance of days on market comes into play when you decide to make an offer on a listing. The general rule is that a large number, like 276 days on market, gives you as

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How Does the MLS Days on Market (DOM) Affect Buyers?

How does days on market or DOM affect buyers?  This is an insightful question one of my clients asked me today.  The question is relevant for both sellers and buyers.  If you’re a seller, you’ve probably wondered how a large number of days on market (DOM) affects buyers and their thinking about a home and

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Sequim Homes Listed for a Long Time and Not Sold

Some Sequim homes have been listed for two or three years.  Statistically how long have Sequim and Port Angeles homes been listed for sale?  How many days on market (DOM) have single family homes been in the MLS?  How long does it take to sell a home?  Are homes overpriced?  I compiled some interesting statistics

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Beware the MLS (DOM) Days on Market

If you’re shopping for Sequim real estate or Port Angeles real estate, beware of a potential misrepresentation when searching the MLS data, or even getting the assistance of a real estate agent who might be unaware of this trap for the unwary. What is the danger? When agents put a listing into an MLS, the

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