February 3, 2012

Why “Days On Market” is a number you cannot trust

A question about what the average days on market for homes sold in Ojai California was posted on Trulia. This made me immediately think of how bad this number is in Ventura County. The Ventura County Regional Data share does not track Cumulative Days on Market and this is the number that needs to be reported to buyers and seller. Please watch my Video blog on the importance of how you look at these numbers.