Days on market (DOM)매물 등록 기간

What is it?

Days on market (DOM) is the number of days from when a home was entered into the MLS® System (the system agents use to list and co-operatively sell homes) until it sold, or until today. If a listing says "DOM 12", it came on the market 12 days ago.

It is the simplest signal of how fast homes are selling. A short DOM means many buyers; a long DOM can mean the price is high or something about the home is holding buyers back.

TRREB counts it two ways: LDOM and PDOM

The monthly Market Watch report from the Toronto Regional Real Estate Board (TRREB) shows two averages.

TRREB Market Watch, October 2026 (released November 4, 2026), all TRREB areas, all home types. The 18-day gap between the two numbers tells you that a fair number of homes were relisted.

Why do sellers relist?

Sellers and listing agents often take a listing down and put it back up. The usual reasons are below. This is common practice, not something the law sets.

• To change the price: the price is lowered and the home is relisted so it shows up as a "new" listing.
• To change the offer strategy: a home listed low with an offer date that drew no offers is relisted at a market price.
• To reset DOM to zero: a listing that has sat for a long time makes buyers ask "what is wrong with it?", so the clock is restarted.
• Because of the season or the seller’s plans: for example, taken down in December and relisted in spring.

How buyers can use it

• Do not rely on LDOM alone. Ask your agent for the listing history: whether the home was listed before and at what prices. Agents can see past listings in the MLS® System.
• A home that has sat far longer than average often leaves room to negotiate. First find out why it did not sell: price, condition and location call for different strategies.
• In neighbourhoods where fresh listings (DOM 0 to 7 days) draw competition, you may have to decide quickly. Expect pressure to drop conditions such as a home inspection or financing, and prepare in advance.
• Averages differ by area and home type. In October 2026 the GTA average LDOM was 22 days for semi-detached homes, 29 for detached and 38 for condo apartments. Condos were taking longer than detached homes.

How sellers can use it

• Many agents see the first one to two weeks as the most important (common practice). A new listing usually gets the most showings; if there are no offers in that window, the price may not match the market.
• Relisting does not hide the history. Buyer agents can see earlier listings. Fixing the price or the condition works better than resetting the number.
• A rising average LDOM can be a sign the market is slowing. Set your listing price using both current competing listings and recent sold prices (a CMA).
• Also watch the sale-price-to-list-price ratio (SP/LP). In October 2026 the GTA average was 97%, meaning homes sold slightly below their listing price.

Reading the number carefully

• TRREB’s averages count only homes that sold. Listings that expired or were cancelled are not included, so the average can look shorter than what sellers actually experience.
• An average can be pulled up by a few very old listings. Look at DOM for individual listings in your area as well.
• TRREB revises past monthly and year-to-date figures every month. Note the report month and release date when you quote a number.
• DOM only makes sense alongside other statistics such as sales, new listings and prices. Do not judge the market from DOM alone.

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