Real Estate Investing Glossary

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.