Price Per Square Foot is a solid measure for consumers to truly compare two different local submarkets, or even different segments within a single area.
The metrics known as Days on Market (DOM) and its popular relative, Cumulative Days on Market (CDOM), vary between MLSs, so be sure to check your local organization for exact methodology.
Aside from being as simple as ‘Point, Tap, Show,’ the ShowingTime Mobile App also allows listing agents, showing agents and sellers to keep tabs on all aspects of the home buying/selling process no matter where they are.
Months Supply of Inventory (MSI) is a calculation that quantifies the relationship between supply and demand in a housing market. If new homes stopped entering the market, how many months would it take to burn through all of the homes currently available for sale? MSI answers this question.