• GDWCAR

September's MLS Quick Tips Recap

Every Thursday GDWCAR releases MLS Quick Tips on our social media channels. (Are you following us on Facebook, Instagram, and Twitter?)

Here are September's MLS Quick Tips:


09/02/2021

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09/09/2021

Understanding the Days On Market Calculations


Days on Market are calculated from the List Date through the Off Market Date.


Off Market Statuses are: Pending, Sold, Expired, Withdrawn, and Cancelled.






09/16/2021

Understanding the Days On Market Calculations


For the status of Temporarily Off Market, the DOM calculations are suspended while in the TOM status. Once the listing is Active again, the DOM will accumulate again.







09/23/2021

For the Sold Status, the DOM are calculated based on the List Date to the Pending Date. If the listing status was changed from Active Option or Active Contingent or Active Kickout, then to the Sold Status, the Days on Market will calculate from the Listing to the Pending Date that is entered once the listing is placed into the Sold Status.






09/30/2021

Understanding the Days On Market Calculations


Cumulative Days on Market is calculated by adding the DOM from a previous listing with the DOM of a current listing where there is no substantial break in the time period between when the first listing was on the market versus the next listing. (Off Market for 30 days is the Magic Number)



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