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Days On Market
Days on Market is a measure of how many days it took a home to sell. This is an important number because it shows how long the average home takes to sell. When we see homes that have a significantly higher number of days on market then the average, we tend to look for red flags. This number only reflects the the Days on Market for homes that have Sold/Closed for the month.
This statistic is very price sensitive, the higher the price range the longer the days on market tends to be.
|
Month |
Days On Market |
|
January 2008 |
99 Days |
|
February 2008 |
98 Days |
|
March 2008 |
101 Days |
|
April 2008 |
93 Days |
|
May 2008 |
88 Days |
|
June 2008 |
91 Days |
|
July 2008 |
90 Days |
|
August 2008 |
85 Days |
|
September 2008 |
97 Days |
|
October 2008 |
86 Days |
|
November 2008 |
82 Days |
|
December 2008 |
99 Days |
|
January 2009 |
92 Days |
|
February 2009 |
96 Days |
|
March 2009 |
95 Days |
| April 2009 | 92 Days |
| May 2009 | 89 Days |
| June 2009 | 89 Days |
| July 2009 | 76 Days |
| August 2009 | 80 Days |
| September 2009 | 74 Days |
| October 2009 | 73 Days |
| November 2009 | 76 Days |
| December 2009 | 79 Days |
| January 2010 | 82 Days |
"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period January, 2008 through January, 2010.RSC does not guarantee or is in any way responsible for its accuracy.Data maintained by RSC may not reflect all real estate activity in the market.
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Boylan And Company
P.O. Box 63837
Colorado Springs, CO
80962-3837
Toll Free: 866-663-1981
Local: 719-388-4000