How Long Are Homes Staying on the Market?

Understanding days on market (DOM) is one of the best ways to gauge the pace of today’s real estate market. According to Redfin, 52.2% of nationwide listings remained on the market for 60 days or more without going under contract. That’s a sign of slower movement in many areas, where buyers have more choices and sellers need to stand out.

Here in Chicagoland, the average DOM is 45 days — noticeably shorter than the national trend. This suggests a more active, balanced market where homes are selling faster, but preparation and pricing still matter.

🏡 What about your neighborhood? Every local market has its own rhythm. Knowing the average DOM in your area can help you set realistic expectations, whether you’re buying or selling.

📩 Contact me today to learn the average days on market for your specific area and how it impacts your home’s value or buying strategy.

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