Days on Market (DOM)
Also known as: DOM, time on market, listing duration
The average number of days a property is listed before it sells. A direct measure of buyer demand in a market.
Days on market (DOM) measures how long a property is listed for sale before it transacts. In practice, it's reported as an average or median across a suburb, postcode, or market segment. Lower DOM signals strong demand: properties clear quickly, typically at or above asking price. Higher DOM signals weaker demand and more buyer leverage.
In Australia, the national average DOM for houses runs 25-35 days in normal markets, and 15-25 days in hot markets. Individual suburbs can sit well outside these ranges. Properties that sell above asking move around a week faster than those that sell at or below: our 14,000-property dataset shows an average of 19 days for above-asking sales versus 26 days for the rest.
Track DOM alongside vacancy rate and auction clearance to get a three-dimensional read on market conditions. If all three point the same way, you can be confident in the direction. When they disagree, something interesting is going on, usually worth investigating before acting.
Related terms
Read more about days on market (dom)
Do Properties Sell Above Asking in Australia? 98,543 Sales Analysed
We compared 98,543 Australian sales from April to October 2026 with their final asking price. The typical home sold at asking and 44% sold above, but Tasmania, WA and SA ran well ahead of NSW, and the share selling above asking fell from 56% in April to 36% in August.
Auction vs Private Sale in Australia: Which Gets Sellers a Better Price?
We compared 14,000+ sold properties across auction and private sale methods. Auctions sell 4.4% above asking on average, private sales 0.4% below. Full data on which method wins by state and property type.
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Suburbs and properties on PropRadar are analysed using the metrics in this glossary.
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