How to read days on market

CALHOUN, Ga. Days on market here is the FMLS DaysOnMarket field for homes that closed, reported as a median. It is not cumulative days on market, so a home that was withdrawn and relisted can show a shorter count than its full time for sale.

A month's median tells you how quickly the homes that closed that month went under contract. Compare it with the 12-month median before reading much into it, since a few fast or slow sales can move a small month.

This month's example

In October, Clayton County sold fastest among counties with at least 30 closings, at a median 25 days against its own 12-month median of 28 days. Jackson County was slowest, at 64.5 days against 46.