This answers “How’s the Market?” by comparing rate of sales versus inventory.
|Median List Price
|Median Price of New Listings
|Per Square Foot
|Average Days on Market
|Median Days on Market
Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
Each segment below represents approximately 25% of the market ordered by price.