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Actual
Spot data for a specific time period and market.
Month-over-Month
The current month's percent increase or decrease in the actual data compared to the prior month.
Year-over-Year
The current month's percent increase or decrease in the actual data compared to the same month in the previous year.
Months Inventory
Active Listings for current month divided by Sold + Expired listings from prior month.
Days On Market
The median number of days between a property's listing and when it is noted as 'sold' or 'off the market'.
% Of Listings w/ Price Drop
The percentage of all listings experiencing a decline in listing price.
Pending Sales Ratio
Pending sales as a percentage of all Active listings.
Median Listing Price
The median price of all properties listed during the month.
Median Price per Sq Ft
The median price per square foot of all properties listed during the month.
Median Listing Sq Ft
The median size of all properties listed during the month.
Average List Price
The average price of all properties listed during the month.
Pending Sales per 10K Pop.
The number of properties listed as 'sale pending' per 10000 population in that market.
Total Listings per 10K Pop.
Total Listings = all Active and Pending Listings, per 10000 population in that market.
Sold & Expired per 10K Pop.
Number of monthly sold and expired listings calculated from MLS reports per 10,000 population. As a 'calculation' it is more of an estimate than a precise number and is prone to reporting anomalies and errors, especially in small markets with fewer listings and sales.
Price Drops per 10K Pop.
Number of properties with list price lowered per 10000 population.
Price Increases per 10K Pop.
Number of properties with list price increases per 10000 population.
NOTE:
Some indicators (i.e. - Home Price Appreciation rates) are only available as "RAW" scores while others (i.e. - Hot Market Scores) are only available in percentile RANK format.
Micro Markets (counties zip codes & neighborhoods) typically do not have enough data to produce a statistically valid RAW score so we use the "Parent" Market's RAW score.
RAW
RAW Score reports the actual numerical value for that particular indicator. Raw scores do not rank or compare a market's score against any other market; multiple markets could have the same or similar raw scores.
When the indicator itself is a combination of other indicators (such as the Raw Master Score) the raw score measures the absolute performance based on that indicator's historical range, normalized using a "0" to "99" scale (99 being the "strongest").
RANK/PCT
PERCENTILE RANKINGS are expressed as a score from "0" (weakest) to "99" (strongest) for that specific indicator. For example a score of "93" means THAT market scored higher (stronger) than 93% of all similar U.S. markets. Percentile rankings are useful for measuring RELATIVE performance BETWEEN markets, not for measuring the absolute performance.