Deep Dip Days On Market

Calculating DOM

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Simply put, DOM equals the Date the listing goes Under Contract – MINUS – the Date the listing went on the market. FLEX MLS has a DOM data field that shows the official result of this calculation for each listing. From this data I was able to calculate the Median DOM (9.0) and the average DOM (29.0) for all 3,151 listings included in this study.

I also calculated the DOM myself by subtracting the Under Contract Date from the Listed Date. But, for 1,158 listings I did not get the same result. My DOM Median was (11.0) -- and my Average was (34.1).

A real Fuzzel – Wuzzel – Puzzle!