Agent Days on Market (ADOM) and Cumulative Days on Market (CDOM) can be confusing. What’s the difference? How are they calculated? Let’s start with defining them.
- ADOM is the number of days a property has been listed with an individual agent.
- CDOM is the number of days the property has been listed over all.
Calculating Days on Market
The calculations for ADOM and CDOM can start at different points and therefore can be different numbers. The ADOM will begin accruing based on the List Date you enter in your listing.
The CDOM will begin adding up when the listing actually goes live in Flexmls. CDOM will only start over after a transfer of ownership takes place or the property has been off the market for a full 90 days. On the 91st day, if the property has been off the market the whole time, the CDOM will reset. Our official policy on Days on Market calculations can be found here: ARMLS.com/days-on-market-calculations.
Be sure to check the monthly Stat report to keep track of the average days on market in the valley. The average days on market is the average of the cumulative days on market, not to be confused with agent days on market.