Days on Market is a average number of days it takes a home to selll. This is an important number because it shows how long the average home takes to sell. When we see homes that have a significantly higher number of days on market then the average, we tend to look for red flags.

This statistic is very price sensitive, the higher the price range the longer the days on market tends to be.

Here are the Average Days on Market through the end of October, 2008 in Colorado Springs.

This information provided by: Joe Boylan- http://www.springshomes.com