We're compiling some market data for a client.
They're house went live just a couple of weeks ago and they are thinking through some of our marketing strategies.
Part of this research includes keeping an eye on a very important variable - DOM. DOM means "Days on Market" and is a key indicator in how your area is doing.
Here are some of the averages for DOM in some key areas where we practice, for houses that are currently For Sale. When there are multiple numbers, it represents the average days on market in the different zip codes in that city (and surrounding areas):
Antelope 90
Auburn 101, 79, 144
Carmichael 83
Citrus Heights 95, 94
Colfax 103
Elk Grove 85, 90, 83, 73
Elverta 148
Fair Oaks 78, 87
Folsom 120
Foresthill 78
Freeport 89, 87
Gold River 90
Granite Bay 91
Land Park 95
Lincoln 126, 101, 95, 144, 83
Loomis 102
Mather 77
Natomas 68, 86
Newcastle 107
Orangevale 77
Penryn 110
Rocklin 89, 84, 103
Roseville 67, 70
Sacramento 76, 91, 80, 100, 84, 94, 93, 89, 141, 72, 86, 75, 99
South Land Park 71
Sun City Lincoln 104
Wilton 102
For those houses that are on the market now, the absolute average in all of Placer and Sacramento counties is 84 days.
Use this data in good health !!
Call me if you would like data on a specific zip code, neighborhood, or area. There are toooooooo many to type them all out by hand!
- Jim
Jun 11, 2008
Latest DOM (Days on Market) Statistics
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment