What does ADOM and CDOM mean?

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What does ADOM and CDOM mean?

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Question:

My realtor sent me a listing of houses that are available for sale and the table contains 2 columns named ADOM and CDOM. What does ADOM and CDOM mean?

Answer:

ADOM = Active Days on Market
CDOM = Cumulative Days on Market

A house may have been on the market at a certain price and nobody was interested. After 30 days, the seller (or landlord) takes it off the market and re-lists it next day for a lower price (rate). After 10 days, the ADOM would say '10 days on market', but CDOM would say '40 cumulative days on market'.
Some realtors choose not to display these numbers to buyer clients because it gives the buyer an idea of how desperate the seller may be.

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Comments:

2008-11-15, 17:16:40

crazee_g2004@yahoo.com from United States

Thanks,very helpful.

2009-06-03, 21:41:07

anonymous from United States

great,great,great,thx

2009-10-05, 12:08:00

anonymous from Huntington Beach, United States

Thank you soooo much, even my realtor who has been in the bus for 30+ didn't know what it stood for, nor how to get it off the link of available houses.

2010-03-09, 16:25:43

anonymous from Hollywood, United States

I'm not sure an agent should be able to hide these ADOM/CDOM numbers. I think buyers have a need to know. If home owners insist on a higher price than the listing agent suggests, it should become self-evident to all that the price is too high. In my case, I tell my sellers that when we hit the right price, it's like Harry Potter waived his wand... buyers suddenly appear.

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