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  3. Days on Market
Leasing D

Days on Market

Also known as: DOM, Rental Days on Market

The number of days a rental listing has been marketed, using the report's stated start, end, and counting rules.

Days on market measures how long a rental listing has been marketed. Read it alongside inquiries, showings, and applications to understand listing activity rather than treating elapsed days alone as proof of a pricing or marketing problem.

State the start date, end date or current reporting date, and treatment of time off market. Keep this listing measure separate from turn time, which measures the move-out-to-ready process; marketing and make-ready work can overlap.

Source: Tenant Turner, Rental Activity and Days on Market Reports.

Frequently Asked Questions

Is days on market the same as turn time?

No. Days on market concerns a listing's marketing period. Turn time concerns preparing a unit between move-out and move-in-ready condition.

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Related Terms

  • Turn Time
  • Lead-to-Lease Conversion
  • Market Rent

More in Leasing

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Assignment of Lease

The complete legal transfer of an existing tenant's entire leasehold rights, obligations, and physical occupancy to a new incoming tenant.

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Base Rent

The fixed minimum monthly rent agreed upon in a lease agreement, excluding utilities, janitorial, or shared operating expense pass-throughs.

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Co-Tenancy Clause

A commercial lease clause granting rent reductions or termination rights if anchor tenants vacate or center occupancy falls below agreed levels.

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Concession

A rental concession is an allowance, such as a free-rent period or move-in credit, that reduces rental income.

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Continuous Operation Covenant

A commercial lease requirement obligating a retail tenant to keep its store open, fully stocked, and staffed during designated business hours.

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