Median Days on the Market Drops Again!

Throughout this year the median days on the market (DOM) has consistently gotten lower every month.  When compared to year over year figures from 2016, there is often a 50% drop in the number of days on the market.

This infographic shows that California’s DOM figure is lower than 30 days.  That is certainly  true for Riverside where the DOM for November 2017 was 20!!!

Median DOM is 34

It is a seller’s market right now and homes are selling pretty quickly. Give the Ransom-McKenzie Team a call today at 951-237-2044 if you would like a free home evaluation. We look forward to helping you with your real estate needs.

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