DOM (Days on Market) is a real estate term you will encounter when buying or selling a home in Ventura County. This page gives you a plain-English definition and explains why it matters.
What it means
A low DOM generally signals strong demand or aggressive pricing, while a high DOM can suggest overpricing or weaker demand. DOM resets or accumulates differently depending on MLS rules and whether a listing is relisted. Buyers and sellers watch DOM to gauge negotiating leverage.
Why it matters to buyers and sellers in Ventura County
In Ventura County, tracking DOM by neighborhood and price range helps sellers price competitively and helps buyers judge how much room there may be to negotiate. Brian uses local DOM trends to advise on pricing and offer strategy.
Frequently Asked Questions
What does a low DOM mean?
A low DOM usually signals strong buyer demand or sharp pricing, often meaning less room to negotiate for buyers.
What does a high DOM suggest?
A high DOM can indicate overpricing or softer demand, which may give buyers more negotiating leverage.
Does DOM reset if a home is relisted?
It can, depending on MLS rules. Sometimes a relisted property shows fewer days even though it has been available longer, so cumulative figures are useful.
