Home buyers frequently ask us "How long has this home been on the market?" This is a very popular question with anyone purchasing a home in the Bay Area since it can provide a general gauge as to the possible interest level of buyers for a particular property. Additionally, it can sometimes be utilized as a barometer for potential price reductions by home sellers.
Traditionally the answer to this "Days on Market" question could only be answered by having a one-on-one conversation with a real estate professional who would run ad hoc queries against an agent-only access database to obtain this information.
To help empower our home buyer clients, we've simplified access to this valuable days on market (DOM) data by including this vital statistic within our custom-developed Marin MLS home search database. Specifically, this days on market information is presented in two unique ways when conducting home searches on this site:
Days on Market for all Marin ListingsWhen searching for a home using the home search function on the Marin Modern website, all properties include a field entitled "Days on Market" which reflects the number of days a particular property has been listed for sale.
Find Homes that are 45+ Days on MarketThis is a great feature that we've built into our Marin MLS database search engine which allows users to sort and view homes that have been on the market for at least 45 days. This can be an extremely valuable tool for home buyers since most homes in Marin sell in less than 45 days. While not always true, this statistic may indicate that a home is overpriced and that there may be some flexibility with both the asking and the offer price.
We hope you find this Days on Market (DOM) information useful while searching for a home, condo, loft or land in Marin County. As you try out this new feature, you might want to keep in mind the most recent days on market data for homes in Marin.
Marin Single Family Homes 35 Days on Market
Marin Condominiums 41 Days on Market
Overall Average 36 Days on Market
Contact us at 1-415-342-4537 to discuss your real estate needs in either Marin County or San Francisco.