Homes Sales - This value is calculated by the number of properties available for sale in the following status: Active and Active Under Contract at the end of any given month.
Closed Sales - This value is calculated by the number of sales that have closed in a given month based on sold data.
Pending Sales - This value is calculated by the number of listings in pending status where a contract has been accepted in a given month based on List Price.
New Listings - This value is calculated by the number of new and coming soon listings added to the MLS system in a given month based on List Price.
Days on Market - This value is calculated by using the Median or Average number of days from when the property is listed to the day an offer is accepted in a given month.
Months Supply - Inventory is calculated monthly by taking a count of the number of active, active under contract listings on the last day of the month, divided by that month's total pending sales gives you the month's supply. If inventory is rising, there is less pressure for home prices to increase.
Total Sold Volume - The total dollar amount of all sales (sold price) for the criteria selected when running the report
Sale Price - This value is calculated by using the Median or Average. The median price is the price in the very middle of a data set, with exactly half of the house priced for less and half priced for more. The average is the mean sales price for all closed home sales in a given month.
% of Last List Price - This value is based on all sold data and calculated using the Average and Median. The percentage is found when dividing a listing's sales price by its original list price then taking the average or median for all sold listings in a given month.
Sold $ / Sq. Ft. - This value is based on all sold data and calculated using the Average and Median. The values are determined by dividing a listing’s sales price by its original list price and then calculating the average or median for all sold listings in a given month.
Time Metrics (Rolling Months) - The time metric (rolling months) can be used to account for spikes in the market by addressing short term and long term fluctuations over a 12 month period. This view is determined by taking data from a certain month and rolling it together with the data from the past 3, 6 or 12 months.
Entire MLS - Please note that the Median value is not supported on Days on Market, Total Sold Volume, Sale Price, % of Last List Price and Sold $ / Sq. Ft.