Mariana your graphs make well for a listing presentation. Great Post.

Thank you Frank.

What do these numbers look like when you include all the houses that sat on the market and the listings were either expired, withdrawn, or cancelled when they didn't sell?  These numbers look to only include DOM data for houses that actually sold.  Many sellers capitulated without success...

Hi Bob - You bring up a very valid point, but here are my thoughts on that:

If a home was cancelled, withdrawn and/or expired it was because it was not "really" in the market - It either was overpriced and/or extremely difficult to show. I do not think it is fair to include those not-really-in-the-market homes with the rest of homes. I use that data in listing presentations only to prove that PRICE is king ... "Look what doesn't sell."

However, it WOULD be interesting to see how change in price (or showing instructions) directly affect DOM. I DO know that in Woodmoor (I assume you are from this area) the average DOM for homes on the market is a little over 100 days. However, we did a little further research to find that, regarding SOLD homes, as soon as the home was actually priced in the market, it sold in under 35 days.