What is the meaning of : Average LPSF Average DOM Thanks a lot!?

Asked by Canadian Investor, Chandler Ginning, Gilbert, AZ Mon Jul 12, 2010

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4
Jacqueline R…, Agent, Anthem, AZ
Tue Jul 13, 2010
LPSF = List Price Square Foot and DOM is days on the market.
Jacqueline Roersma
Web Reference:  http://www.phantomealty.com
1 vote
Jeffrey Masi…, Agent, Scottsdale, AZ
Mon Jul 12, 2010
Dear Can:
Yes we live in a world of acronyms. It is almost like a foreign language at times. FYI: USA, DOA, ZIP Code, SOS, HMS, NFL, NBA, MLS, U.N., WWII, ......OK?

LPSF: Listing price per Square Foot. The asking price per square foot. The Selling price per Square Foot is more meaningful.

DOM: Average days the home has been on market. Important number, good key to determine if an offer will be accepted.

Still good bargains in Arizona for the Canadian winter visitors.

Regards, Jeff

Jeff Masich, Realtor
Arizona Homes and Land
http://ArizonaHomesLand.com
JeffMasich@ArizonaHomesLand.com
1 vote
Temporarily…, , Tempe, AZ
Mon Jul 12, 2010
If you are referring to "ADOM", that's Agent Days on Market", the total number of days the current listing agent has had the home listed in the MLS. There is also "CDOM", Cumulative Days on Market, or the total days on market.
1 vote
Stephanie We…, Agent, Gilbert, AZ
Mon Jul 12, 2010
Average List Price per Square Foot (LPSF) Average Days on Market (DOM) meaning "total days property has been on the market"
1 vote
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