Days on Market (DOM) Explained
In the MLS, there are two Days on Market calculations: Cumulative Days on Market (CDOM) and Agent Days on Market (ADOM):
- CDOM is calculated from the date the listing goes live in the MLS.
- ADOM is calculated from the List Date the agent entered when the listing was originally created.
Listings accrue CDOM and ADOM while in Active, UCB or CCBS status. Listings stop accruing CDOM and ADOM when in: Closed, Temporarily Off Market (TOM), Pending, Cancelled, Expired or Delayed.
When a listing starts off in a Delayed status, the CDOM and ADOM do not begin to accrue until the listing goes on the market as Active.
A listing can only remain in Delayed status for a maximum of 14 days. If more than 14 days are needed to prepare the listing after it has moved to Active status, the listing can be changed to Temporarily Off-Market (TOM).
If a listing is in an Off-Market status for more than 90 consecutive days or is Closed and then re-listed, both ADOM and CDOM will reset.
Before re-listing the property, the previous listing must be in a Cancelled, Expired or Closed status.
Let’s say Joe Agent creates a brand-new listing with a list date of October 1. On October 1, both ADOM and CDOM begin at zero. On October 31 the listing is Cancelled and both calculations pause at 31.
- If Joe Agent re-lists the property before 90 days have passed, the ADOM and CDOM would both begin with 31.
- If a different agent re-lists the property instead of Joe Agent on October 31, the ADOM will reset but the CDOM would show 31.
Days on Market Calculations Policy was implemented on September 7, 2004 at the direction of the ARMLS Board of Directors.