Market Reports and Definitions

1. Product Design Filter - Select between Single Family Homes and Condominiums.

2. Supply and Demand Trends – Light Blue Bars represent each month's active inventory. The dark blue bars represent the cumulative sales that have occurred over the past 12 months. The orange line represents the months supply. Months supply indicates how long it will take to sell the active inventory at the current monthly sales pace. The calculation is as follows - Active Inventory – 2949 divided by Monthly sales pace - 822 = Sales per month - 3.59. In other words, it will take 3.59 months to sell the 2949 active listings at a pace of 822 per month. (822*3.59= 2,949)

3. Average Price Trends – The blue bars represent the average sales price in the current month, the blue line represents the past 12 month average sales price and the orange line represents the past 3 months average sales price. Normalizing the each months sales by looking at the past 12 and 3 months provide long term and short term pricing trends.

4. List Price to Sales Price History – The graph shows the ratio of list price to sales price, or the discount or premium paid above or below the listing price for the current period.

5. Market Summary – This list of variables summarizes the current months trends based on the data from sections one to four.

6. Filter Selection - Select variables for geography and property attributes.

7. Year over Year Change Last 12 Months (LTM) – This list shows the Current months market statistics on the top and the Year over Year change for each statistic on the bottom.

8. Properties Display – This map shows the location of each sales that occurred over the past 12 months.