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“DOM” (days on market) or “CDOM” (cumulative days on market) are reported on most MLSs, and are often included in market reports by agents, newspapers, and real estate analysts. This is a number that should indicate how quickly the market is moving, and give sellers a general idea of what to expect about the time it will take to sell their home and give buyers an indication of how long they have to “think about it” before writing an offer. In reality, this is almost a completely meaningless number!
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