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lockardmawd2, Other/Just Looking in Lakeland, FL

What does ADOM and CDOM stand for on property assessment?

Asked by lockardmawd2, Lakeland, FL Fri May 25, 2012

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Locardmawd2, ADOM= average days on the market. CDOM=cummulative days on the market.

Example: A home was listed for 90 days and received no offers. The listing expired or the Seller removes the property from the market. Then the Seller re lists the property. The new listing will show the Average Days on the Market for the "run" as related to that particular listing period. However, the CDOM will report the cummulative days on the market counting the days listed not starting with the first day of listing regardless of the agent or brokerage offering the listing. This might read 2 days ADOM and 92 CDOM since the property was first listed.

Hope that this information helps.

Best regards,
Lynn Brock
Brock Realty Inc.
http://www.brockrealty-inc.com
941.313-1234
1 vote Thank Flag Link Mon Jul 2, 2012
ADOM means the Average Days on the Market that property was listed and CDOM means the cumulative Days on the Market that a property was on the market.
0 votes Thank Flag Link Sat Jan 11, 2014
ADOM is the Active Days On Market this time with the current agent. No the Average.
Flag Sun Feb 22, 2015
To add to below a property must be non-listed for 90 days for the CDOM count to start at 0 days again.
0 votes Thank Flag Link Fri May 25, 2012
ADOM = Active Days on Market
CDOM = Cumulative Days on Market

In the past, it was possible to take the house off the Market (MLS Listing) for a day or two, then put it back on, and the days would go back to zero. So anyone looking, would think that it had just been listed. Get the picture?

It has nothing to do with Assessment.

Good luck and may God bless
0 votes Thank Flag Link Fri May 25, 2012
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