Active Listing Count: The count of active listings within the specified geography during the specified month. The active listing count tracks the number of for-sale properties on the market, excluding pending listings where a pending status is available. This is a snapshot measure of how many active listings can be expected on any given day of the specified month.
Active Listing Count (12mo Change): The percentage change in the active listing count from the same month in the previous year.
Median List Price: The median listing price within the specified geography during the specified month.
Median List Price (12mo Change): The percentage change in the median listing price from the same month in the previous year.
Median List Price vs. USA: The median listing price within the specified geography divided by the median listing price for the US overall during the same month.
Days on Market: The median number of days property listings spend on the market within the specified geography during the specified month. Time spent on the market is defined as the time between the initial listing of a property and either its closing date or the date it is taken off the market.
Days on Market (12mo Change): The percentage change in the median days on market from the same month in the previous year.
Supply Score: The supply score is an index representing a zip code, county or metro’s median days on market ranking compared to other zip codes, counties, or metros.
Demand Score: The demand score is an index representing a zip code, county or metro’s listing page views per property ranking compared to other zip codes, counties, or metros.
Pending Listings: The count of pending listings within the specified geography during the specified month, if a pending definition is available for that geography. This is a snapshot measure of how many pending listings can be expected on any given day of the specified month.
Pending Ratio: The ratio of the pending listing count to the active listing count within the specified geography during the specified month.
Price Decrease Count: The count of listings that have had their price reduced within the specified geography. The price decrease count represents a typical week’s worth of listings that have had their price reduced in a given month. The price decrease count can be multiplied by the number of weeks in a month to produce a monthly price decrease count.
Data Information: At Real Estate Two70, we take our commitment to providing accurate and up-to-date real estate market statistics seriously. We compile data from a variety of reliable sources, including the Snake River MLS, Realtor.com Economic Research, Zillow Research Housing Data, the United States Census, and the Federal Reserve Bank.
By using multiple sources, we're able to gather a comprehensive picture of the local real estate market, including trends and projections. Our team carefully analyzes and interprets the data to provide insights that can help buyers, sellers, and investors make informed decisions.
At Real Estate Two70, we understand that the real estate market is constantly evolving, which is why we use a variety of resources to stay on top of the latest trends and data. We're committed to providing our clients with the most accurate and reliable information possible.