CDAM Reset Period Changing From 90 Days To 30 Days
CRMLS will update the way Cumulative Days Active in MLS (CDAM) is calculated starting November 19. This change shortens the reset period from 90 days down to 30 days.
CDAM tracks the total time a property has been marketed in the MLS, even when the listing was temporarily off the market. It is different from Days Active in MLS (DAM), which only counts the days a listing is in Active status.
Under the old rule, if a listing was removed and relisted within 90 days, the CDAM continued from the previous listing for a period of 90 days. Beginning November 19, if a property is off the MLS for more than 30 days before being relisted, the CDAM will reset to zero. CDAM will also reset to zero any time a property changes ownership and is listed after that point.
All new listings entered into the MLS on or after November 19 will calculate CDAM at 30 days. CDAM for all existing listings will be adjusted to 30 days in the coming weeks, allowing each MLS system vendor time to implement the change. No action is required of you; however, you will notice a change in listing data accordingly.
CRMLS made this change to provide a clearer snapshot of current market conditions. With faster access to market data, a 30-day window now gives a more accurate picture of what is happening in real time.
The MLS will update automatically.