days on market

New Listing — Or Is It??

Would-be home Sellers who pulled their listing over the holidays typically wait for two things:  1) for the post-holiday period to pass, usually a few weeks into the New Year; and 2) mild weather (defined as mid-teen’s or higher in Minnesota in January).

The last few days qualify, which is perhaps why I’m seeing many such listings return to the market — ahead of new inventory (and competition) that usually arrives beginning in February.

Beating the (February) Rush

The giveaway to such “reactivated” TNAS listings?

Their market time, which resumes where the listing left off, versus starting at “0 days” for new listings.

See also, “Christmas — and TNAS — Season”; “TNAS Over the Holidays:  How Prevalent?“; “Does TNAS Tweak Buyers’ Interest?“; and “What’s the Opposite of On the Market, But Not For Sale?”

*”Temporarily Not Available for Showing,” an MLS status that stops days on market from accumulating.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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