Sumner

How Fast Are Homes Selling? DOM stands for days on the market, how long a property is on the market. It generally is between the day the property is listed and the day it becomes off market.

How Much Are Sellers Willing To Come Down From Their Current Price? The Sold/List Diff. % represents the percentage difference between sold price and list price of sold properties.

How Much Are Homes Selling For? The report shows the median price at which an equal number of homes are sold above or below that price. Median price helps identify where the market activity is the strongest.

Are We In A Buyers Market Or A Sellers Market? Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales