Three Ways to Look at Days On Market
It’s not uncommon to hear the media in their bad-real-estate-news reports to say, “Average Days on Market is climbing to new record highs.” Unfortunately, tracking “average” anything in the real estate market can be fraught with danger. What home is average? Are there other ways? Let’s explore.
1. Average (Mean) Days on Market VS.
2. Median Days on Market
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