Quote:
Originally Posted by chemgear
I'm not sure I would call DOM an indicator either way to be honest. Being able to reset the number seems to take it out as any reliable/useful indicator of anything - perhaps I am wrong?
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IMO, It's only useful when looking at properties that have been on for 60+days, or in markets where they average is far below that.
60 days is the min for a listing, so if Avg DOM is low like 10-20, you can tell things are moving fast.