Days on market
Days on market is the number of days a listing stays available before it goes under contract.
Days on market is the number of days a listing stays available before it goes under contract. Agents and investors use it to gauge how quickly homes are selling.
Why it matters to a Las Vegas investor
A change in days on market can signal a shift in buyer demand in a Las Vegas market before prices move. It is a regular part of our monthly market reports.
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Questions about Days on market
Does a short time on the market mean a strong market?
It often signals strong demand, though it should be read together with other measures.
Where does the data come from?
Generally from the local MLS.