BEST ANSWER "Days on Market" is consecutive days for the current listing. A house that goes on the market on October 1 would show 31 days on market on November 1. "Cumulative Days on Market" (or similar language) is the TOTAL number of days the property has been on the market within a certain time span.
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The hot metros in the West have the shortest days on market. In San Francisco, it only takes 48 days to go from listing a home to signing papers. In San Jose, days on market is even quicker at only 43 days. This is in sharp contrast to some metros further East like New York (151 days), Fayetteville, NC (174 days), and Jacksonville, FL (174 days).
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But if the house has been taken off the market (cancelled, withdrawn, expired), and goes back on within 30 days, the total time it has currently been on the market is added to the previous days on the market to come up with a cumulative days on the market number. If more than 30 days has passed, then the DOM counter resets.
Calculate the difference between two dates and display the result in days; weeks and days; and other time measurements. Days Between Dates (date difference calculator) partner with ConvertIt.com
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How is "Days on Market" calculated? Days on Market is a measure of how long it takes for a home to sell after it has been put on the market. It is typically calculated as the number of days between the listing date (the date it was available for sale) and the contract date (the date of the agreement to purchase the house).
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The Compete Score rates how difficult it is to win a home in an area. Using a combination of proprietary Redfin data and data from the Multiple Listing Services (MLS), the Compete Score is primarily calculated based on four inputs: number of competing offers, waived contingencies, sale to list ratio, and number of days on market.
The price-earnings ratio. is possible to calculate a negative P/E, this is not the common convention. The price-to-earnings ratio can also be seen as a means of standardizing the value of one.