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Average Time on Market by Zip Code: A Comprehensive Guide to Real Estate Velocity

"Understanding the "average time on market" (DOM) metric by zip code is perhaps the most powerful tool in a savvy investor’s or homebuyer's arsenal. While national housing reports offer broad economic snapshots, they often mask the hyper-local realities that dictate whether a deal is a bargain or a trap. Real estate is inherently local, and the difference in liquidity between two adjacent zip codes can be measured in weeks, if not months. This metric, which tracks the number of days a property stays listed on the Multiple Listing Service (MLS) before a contract is signed, serves as a direct indicator of supply and demand. When you drill down b..."

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