Finally we have a true number for days on the market. As long as a house is relisted within 31 days of it’s previous listing it will resume accumulating days but will not count the days that it was expired. So that is all to explain why August 2007 had 56 days on the market but August 2008 had 121 days on the market, which seems much more realistic. Click here for the complete Portland Metro Area Market Action pdf to see your neighborhood market time and statistics.
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