MA ARCHIVED February 2016 | Page 25

Howard MARKET ACTION REPORT February 2016 Agent Name County: Howard Title Phone Website Other Community Information Price Range: All | Properties: SFH - Condo Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for February was 73, up 4.3% from 70 days last month and down 6.4% from 78 days in February of last year. The February 2016 DOM was at its lowest level compared with February of 2015 and 2014. 90 80 70 60 50 40 30 20 10 0 Average Days on Market (Listing to Co