real estate

What is days on the market?

 

What is days on the market?

The Bankrate.com financial term of the day is: "Days on the Market."

"Days on the market" is a measure that, when averaged out, provides a good reading of whether a local housing market is healthy. It refers to the time period between the listing and sale of a home, or between the date that a property is listed for sale and the date that it's taken off the market.

Are homes selling at a healthy clip in your community, or are they languishing? You can get an idea by taking a look at days on the market data.

To find a great rate on a home loan, visit the Mortgage section at Bankrate.com.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Most kids out of boosters too soon

A new study found that 90 percent of parents are letting their children ride in a seatbelt without a booster seat before it is safe for them to do so.  ... Read more


Connect with us