When does the Colorado Springs MLS “Days on Market” clock start and stop?
The “Days on Market” clock starts ticking the minute a home is entered into the Colorado Springs MLS system. If a contract is accepted, the listing agent will mark the property as either: • UC: Under Contract but Still Showing. This usually means that the contract is not solid, or they are awaiting inspections. The “Days on Market” clock continues to count days when a property is marked UC. • P: Pending. This means that the property is under contract and set to close. The “Days on Market” clock stops ticking the day the property is marked “P”. Once a home for sale in Colorado Springs SELLS, the agent will mark it in the MLS as “S” for Sold and supply a date that it sold. The MLS will count all the days that it was on the market from the first day it was entered to the day it was marked as “P” (pending) or the date it closed – if the “P” was never used. What if a sales contract does not wind up closing? If a home goes under contract and is marked as “P” (pending) in the MLS, but the dea
