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Define Market Time in Real Estate

Market Time: 

"Market time" refers to the amount of time it takes for a particular property to sell in a given market. It is a measure of how long a property is available for sale before it is sold at a specific price.

Example: 

For example, if a house is listed for sale for 30 days and then sells for the asking price, the market time for that property is 30 days.

"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"

Market time, market time,
How long will it take to sell a dime?
It happens in the future, after a date certain,
A prediction of how long a property's curtain
Will stay open before it sells,
At a specific price, what stories it tells.
30 days or 60, it's hard to say,
But market time is the game we play!