How to Read a Real Estate Listing Like a Pro

Scrolling through home listings can feel like learning a new language. Between the abbreviations, industry terms, and subtle phrasing, it’s easy to miss key details—or misinterpret what’s really being offered. Whether you're actively house hunting or just keeping an eye on the market, knowing how to read a listing helps you move more confidently.

DOM (Days on Market) is one of the first things to check. A low number can mean strong demand; a higher number might suggest the home is overpriced, under-marketed, or has something buyers are hesitating on.

Turnkey typically means move-in ready. These homes usually have updated systems, modern finishes, and no major repairs needed—appealing to buyers who want convenience over renovation.

Contingent and Pending both indicate that an offer’s been accepted. “Contingent” means it’s still working through inspections, loan approval, or other conditions. “Pending” suggests those steps are mostly complete and closing is near.

ADU (Accessory Dwelling Unit) refers to a secondary living space on the property, like a guest house or converted garage. These can offer rental potential or flexibility for multigenerational households.

HOA fees are common in condos and planned communities. They cover shared maintenance and amenities—but they vary widely, so always review what’s included.

You might also see phrasing like “subject to seller finding replacement property,” which means the seller needs to secure their next home before closing. It doesn’t stop the deal, but it could affect timing.

Understanding how listings are written—and what’s behind the language—helps buyers and sellers stay sharp in a fast-moving market. If something’s unclear, don’t guess. A quick conversation with your agent can often clarify exactly what’s on the table.