how do i find average days on the market in my area?

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December 12 2010 - Wylie
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Answers (3)

Profile picture for B Erickson
Mzzzfrog,

I did a quick search of our MLS system and during the last 90 days in Wylie.  For single family homes there where 243 sales and the average time on market was 83 days.  The shortes was 2 days and the longest was 528 days.

Please do not apply these numbers to a specific property.  To come up with average time it really should be based on comparable properties and it should look at the trend to see if it is going up or down.

Best of luck .. Bruce
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December 13 2010
Your local Realtor can easily provide this information for you.

Days on the market will vary greatly on location, so if have your home on the market or are considering listing your home find out the activity for your immediate area... In Silicon Valley the DOM can depend on the school district you are in or how close you are to down town etc.

Days on the market can be skewed also by an overpriced home on the market for 1 year or a home under priced that sold in a week.  Take all these conditions into consideration...
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December 12 2010
Profile picture for sunnyview
That information is on the local MLS systems. Sometimes agents in the local area will post it here on Zillow or you can get it on realtytimes.com here. Usually, the fastest way to get it is by calling a local agent in your area. Most are happy to help and if you don't know who to call you might try the Zillow directory for your area here. Hope it helps.
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December 12 2010
 

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Questionhow do i find average days on the market in my area?
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