Days on Market Analysis & Pricing Impact Prompt

Prompt

Analyze days on market to understand pricing impact on sale speed.

[PASTE: Sales data with DOM, sale price, list price, property type, neighborhood]

Steps: 1) Calculate average DOM by property type/neighborhood 2) Analyze relationship between price and DOM 3) Identify if overpriced properties take longer 4) Segment by price range 5) Note seasonal patterns 6) Calculate optimal DOM by segment 7) Pricing recommendations

Output: DOM analysis by segment, price vs. DOM scatter plot, optimal pricing summary, strategic recommendations.

Why it works

DOM analysis reveals pricing efficiency. Overpriced properties languish; optimal pricing sells quickly.

Watch out for

DOM alone doesn't determine value. Must analyze in context of market supply/demand conditions.

Used by

Data Analysts

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