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boganvegan t1_ivvxeul wrote

Reply to comment by refreshing_username in USA Home Listings, Median Days on Market, Percent Change September to October, 2022, by US County [OC] by michigician

If the median days on market increased by 24 days during a 30 day month that implies that sales have fallen off a cliff.

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michigician OP t1_ivw67b4 wrote

That would be a percent increase.

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40for60 t1_ivyhb57 wrote

Percent of what? If it was 1 hour and it went up 24% now its 1 hour 15 min?

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michigician OP t1_ivykw9j wrote

Days. Each home listed for sale has been on the market for a certain number of days. The data for all listings in a county has been used to calculate a median number of days on market for each county. This statistic is reported each month by realtor.com. This map shows the change in that statistic from September to October.

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