One of the market indicators that helps us track the real estate market cycle is “Days On Market” (aka DOM).  This is a simple measurement that tells us how long a home is marketed for sale before an offer is accepted on the property.  It marks the time between the home being officially put up for sale and the seller signing a purchased contract with a buyer.   As such, it is a measure of demand and tells us how “hot” or “cold” the market is in any given moment. […]