Days On Market

Days on Market is a measure of how many days it took a home to sell. This is an important number because it shows how long the average home takes to sell. When we see homes that have a significantly higher number of days on market then the average, we tend to look for red flags.
 
This statistic is very price sensitive, the higher the price range the longer the days on market tends to be.

   
  "Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period January, 2008 through October, 2008 .  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.