Local homes continued to sell at a faster pace in 2018, averaging 42 days on the market across the greater Charlotte region — or five fewer days than during the previous year.
The days on market, or DOM, measure refers to the number of days during which a residence is listed as active until it goes under contract for purchase. Typically, home markets will see a lower DOM average count when sellers have the upper hand, which is currently the case in the Charlotte area.