Days on Market (DOM) and Cumulative Days on Market (CDOM)
What is Cdom vs Dom?
The What: DOM measures the number of days from the last time a listing is listed to the last pending status before the listing is sold. CDOM measures the number of days from when a property is first listed to when a property goes into the last pending status before being sold.
What does DOM mean on appraisal?
Days on Market – DOM
DOM represents the number of days that a specific listing for a property has been active on market. It reflects the current listing information.
What does DOM mean in a real estate listing?
The abbreviation DOM is often used to represent the “Days on Market”, “Time on Market” or simply “how long a property was for sale”. This is a vital statistic used to measure the health of any real estate market, area or region.
What is Adom and Cdom in real estate?
Days on Market (DOM) Explained
Cumulative Days on Market (CDOM) is the number of days the listing has been live in the MLS. Agent Days on Market (ADOM) is the number of days the property has been listed with an individual agent.
Whats a Cdom?
CDOM stands for Cumulative Days on Market. It is the total market time accumulated on a property address. CDOM is calculated when a property has been in the FlexMLS system and expires or withdrawn and relisted within 90 days.
Why is Cdom important?
Along with turbidity and chlorophyll, CDOM is an important consideration for determining light attenuation in a water body. Light attenuation is the loss of light with depth and is commonly used to set minimum light requirements and maximum depth targets in determining sustainability and restoration goals.
What does DOM mean in shipping?
Distributed Order Management (DOM) is a method used to optimize fulfillment so orders arrive to customers on time while incurring the lowest possible cost.
What does Domls mean?
DOMLS = days on MLS. Restrictions = governing document type for property. Current status = Active, pending, contingent, expired, canceled, different stages of a listing.
What is Dom in apartment?
Days on Market (DOM) is a statistic to measure how long a property is listed before it’s either sold or taken off the market. You can compare neighbourhoods and properties with the DOM statistic.
What is Dom number?
DOM is the number of days the new listing has been active. The CDOM represents the cumulative number of days the home has been for sale. If you are trying to reset the DOM clock, the listing agent should confirm local MLS guidelines.
What is the difference between Adom and Cdom?
ADOM is the number of days a property has been listed with an individual agent. CDOM is the number of days the property has been listed in the MLS.
What does Armls mean in real estate?
Arizona Regional Multiple Listing Service (ARMLS) is the largest MLS in Arizona, providing MLS and other core services for MLS subscribers.
What is LDOM and PDOM?
LDOM [Listing days on market]’ statistic and the new ‘Avg. PDOM [property days on market]’ statistic was approximately eight days. In February, 2019, the spread was approximately 11 days.” Real Estate: Rules, rates and reality checks for first-time home buyers.