Average Days on Market
Hi all,
Coming to this elite group of real estate professionals for some assistance.
Our board is finally furnishing days on market for listings using the following calculation: sold date minus list date.
My thinking is that the calculation should be pending sale date - list date.
Questions:
1) Which is the correct one?
2) Can someone reference an authoritative source for proper calculation?
Thanks.
__________________
Glenn Ginsburg
2006 FIVE STAR: Best in Client Satisfaction Naples Real Estate Agent - Gulfshore Life Magazine.
|