The hot neighborhood graph

chart of days on market

I am not sure how to measure neighborhood hotness but it is a thing. People want to know which is the hottest, best or most desirable neighborhood.  There really isn’t such a thing as a best neighborhood but there is supply and demand. The chart I made has the average cumulative days on market (how long it takes to sell a house)

Homes sell the fastest, followed by Summit Hill and Frog town comes in third place.

Cumulative days on market represents how many days a home was on the market during the year. If the home is put on the market and then taken off and then put back on cumulative days counts all of the days.

One Reply to “The hot neighborhood graph”

  1. Great graph, I wish other realtors or the association would graph this for Minneapolis’s neighborhoods and the SouthWest Metro area.

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