Days on market is the number of days from listing to sale for a property. LA multifamily DOM in Q1 2026: 90–150 days on clean transactions, 150–200+ on complicated ones.
DOM is a market-health indicator. Shorter DOM suggests strong demand and/or appropriate pricing. Longer DOM suggests overpricing, preparation gaps, or demand weakness. DOM varies by submarket, building class, and specific listing quality.
LA multifamily DOM by submarket 2026: Westside 75–120 days, core LA City mid-city 90–150, Valley 100–180. Within submarket, preparation quality drives DOM variance. Well-prepared listings close in 60–90 days; complicated listings drift to 150–200 before reductions.
From the Sterman LA Multifamily Glossary — defined the way a broker with $1.41 billion across 254 closed transactions actually uses these terms.
Michael Sterman, Senior Managing Director Investments, Marcus & Millichap.
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