Public Explainer Video - DOM 90 Day Shift (Jan 2025 to March 2025)
In this update video, Devon Wayne walks you through real estate markets that have either tanked or surged between Q4 2024 and nearly Q2 2025, pulling data straight from Zillow on average sale prices and median days on market. Devon considers days on market a critical metric—scraped fresh from Zillow, which he trusts more than alternatives like Redfin—and uses it to guide you toward the best opportunities.
Key Highlights for You:
Markets That Tanked:
- Marco Island, FL: You’ll see days on market skyrocket from 11 to 67—a 500% jump—despite an $871,000 average sale price and $450 million in cash sales over six months (July-Dec 2024).
- Lexington and Greensboro, NC: These spots show big increases in days on market, each with over $100 million in activity, hinting at a slowdown you might want to avoid.
- Others: Miami’s days on market climbed from 44 to 61, knocking it down the ranks.
Markets That Took Off:
- Canyon Lake, TX: Days on market plummeted from 91 to 10—a huge win for quick sales.
- Rockport, TX: Dropped from 89 to 11, marking it as a breakout market.
- Albany, GA: Went from 29 to 11 days, catching Devon’s eye live on the video.
- Florida and Texas: Smaller cities like Seminole (40 to 29 days) and Key West (13 to 10 days) shine, with these states dominating the hot markets list.
How Devon Breaks It Down for You:
- He uses a custom ranking formula: six-month market value (cash sales × average sale price) divided by current days on market, spotlighting top markets for your investments.
- You’re comparing Q4 2024 (July-Dec) to March 5, 2025, with Devon planning updates every six months.
- He sorts by percentage change (e.g., Marco Island’s 500% spike) and numerical shifts (e.g., Canyon Lake’s 81-day drop) to show you what’s moving.
What This Means for Your Strategy:
- Small Towns: Places like Canyon Lake and Rockport are hot but have tiny populations, so your digital marketing (Google PPC, SEO, TikTok ads) might not hit hard. Devon suggests direct mail or cold calling instead.
- Big Players: Target cities like San Jose (25 days), Columbus, OH (16 days), or Bellevue, WA (steady low days). Devon likes Columbus over Kansas City (15 to 27 days) for its smaller days-on-market jump and bigger population.
- Price Zone: Aim for average sale prices between $250,000 and $500,000 (e.g., Columbus at $239,000)—perfect for wholesaling, while million-dollar homes (e.g., California) are tougher to flip.
Your Game Plan:
- Steer clear of markets where days on market double (e.g., Kansas City’s near-100% rise).
- Focus on the top 100-200 cities with under 20 days on market and over 200,000 residents for the best lead flow.
- Days-on-market shifts are a handy data point, but Devon stresses that low current days on market are your gold standard for picking winners.
Devon wraps up by showing you how this data justifies your 2025 market moves, highlighting wild shifts since Q4 2024 and giving you a smarter way to pick markets beyond just population or price.