Monitor home prices trends and market changes in . (Based on Market Data)
Within the last month
% of average asking price
Now let's take a look at some more indicators from the most recent real estate market activities in that can help you better understand the current status and trends of the real estate market in this city.
The chart below displays the monthly trend of average market price for all type of properties in . Note that each point on this chart demonstrates the average sold price of the properties in a given period, and may fluctuate severely if the quality and standards of the listed properties vary greatly.
DOM or Days on Market indicates the number of days from the listing date of a property to the date that property has been sold. This chart indicates how in-demand properties are in and how this demand has fluctuateds over the span of a year.
We can see how active the market has been in , by comparing the number of newly listed properties in a given period with the number of properties that have been sold and the number of active properties still remaining at the end of the period. The more properties are listed and sold, the more vibrant the market is in any given community.
Source: Local real estate board MLS data
NOTE: The MLS benchmark price is to track price trends and consumers should be careful not to misinterpret index figures as actual prices. Benchmark properties are considered average properties in a given community and do not reflect any one particular property.
This website is not intended to replace professional financial, investment or legal advice. Though we have endeavored to provide the most accurate and timely information available, some of this information is complex and subject to rapid change. As a visitor to our website, you acknowledge and agree that any reliance on, or use of any information available on this website shall be entirely at your own risk. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data is deemed reliable but is not guaranteed accurate.
