What “Days on Market” Really Means

If you've been browsing homes for sale in Shreveport or Bossier City, you've probably seen a number labeled “DOM” or Days on Market. But what does that really mean—and why should you care?

Days on Market (DOM) tracks the number of days a home has been actively listed on the MLS (Multiple Listing Service) before it goes under contract. It starts the moment your real estate agent publishes the listing and stops when a buyer and seller reach an agreement.

Why DOM Matters in the Shreveport-Bossier Real Estate Market

Real estate is always shifting. Prices rise or fall, seller incentives come and go, and some listings get snapped up while others linger. That’s where DOM becomes a powerful insight tool. It tells us more than just how long a home has been listed—it reflects how it’s performing against current market conditions.

For example:

• Short DOM? The home is priced well and in demand.

• Long DOM? It could be overpriced, poorly marketed, or there may be condition issues.

When DOM trends upward across the area, it can signal a slower market, giving buyers more leverage. When it's trending downward, sellers are often in control and homes may sell quickly—sometimes above asking.

What Sellers Need to Know

If your home has been on the market longer than the average DOM in Shreveport or Bossier City, it might be time to:

• Reevaluate your asking price

• Refresh your staging or photography

• Update your marketing strategy

Buyers notice how long a home has been listed, and they often see longer DOM as a cue to negotiate or dig deeper.

A Transparent Market Is a Smarter Market

Metrics like Days on Market give both buyers and sellers a clearer view of the playing field. It empowers homebuyers to make smarter offers and encourages sellers to stay competitive—especially in today’s data-driven market.

At Berkshire Hathaway HomeServices Ally Real Estate, we stay on top of every market trend in the Shreveport-Bossier area so our clients can make confident, informed decisions.

📊 Curious about your neighborhood’s average DOM? Reach out for a custom market report tailored to your property or your search area.

We’re your local market experts—here for you, for life.

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