Days-On-Market (DOM) is defined as the number of days from the listing date of your home to closing date (Sold). While the average of 100 days for the month of January 2012 might sound like an eternity, consider this. In The Woodlands, the average time from contract to closing is 30 days on 99% of the transactions. This means your home is under contract in an average of 70 days! (100-30). Our team's last three listings were sold before being oficially entered into the MLS system(HAR) via our word-of-mouth Realtor network in The Woodlands. The formula for success remains the same...location(no busy streets)...condition(updates)...market pricing(maximum value).
Visit Michele Flory for more information on The Woodlands real estate market.