If you launch your listing in the first part of the year, how long will it take to sell?
And how does our hot-hot-hot 2013 season compare against recent years?
We're taking a stab at answering those questions with a look at historical data on average DOM for listings that launch early in the season. Consider this a preliminary report.
We took a look at data on Manhattan Beach listings that launched between Jan. 1-Feb. 28 in each of the past 5 years, including 2013.
We focused only on those that actually sold. To narrow the data more, we looked only at SFRs west of Sepulveda.
You quickly see a pattern that is expected, in a way – listings launching in the very difficult early days of 2009 had the hardest road to selling, averaging 102 DOM before finding…