Scroll any home listing and you'll spot it: "12 days on market," or "94 days on market." It's one of the first numbers buyers notice and one of the first things sellers worry about. But that little number doesn't tell the whole story on its own. Here's what it really means, and what to look at next.
Days on market counts how long a home has been listed for sale before it goes under contract. A low number usually means strong interest. A high number can mean room to negotiate, or a reason to ask a few more questions. Open the cards below for the details.
Sources: Redfin and Movoto. Local numbers change month to month.
Slide to any number of days and see what it might be telling a buyer and a seller.
Days on market
The number is a starting point. The real story is usually in the why.
When you're looking at homes around Niceville, Fort Walton Beach or Navarre, ask your agent to check the cumulative days on market and the listing history, not just the number on the website. A home that looks brand new online may have been listed before, and a home that's been sitting may have a simple reason behind it.
Days on market is a helpful first clue. For buyers, it can point to room to negotiate. For sellers, it can be an early sign that something needs a fresh look. Either way, the real answer comes from asking why.
Most of a listing's first impression happens in its first few weeks on the market. Getting the price, photos and presentation right from day one usually matters more than any change made later.