I closely monitor market statistics through “Jace’s Market Pulse Reports” (you can sign up to receive those here). In addition to this valuable information, I also track data from since I entered the real estate industry in 2006.
Knowing the historical trend for the number of sold, number for sale, inventory rate, and median home price provide great context and reference points to make my market pulse reports even more insightful.
Buyer Demand:
Supply of Homes:
Inventory Rate:
Median Sold Price:
Get the Latest Market Insights with Jace’s Market Pulse Reports… sign up here.
*Data Source: IMLS. Although the author attempts to provide reliable, useful information, they do not guarantee that the information or other content in this document is accurate, current or suitable for any particular purpose. All content is subject to change without notice. Please note, there is some historical variation in how the data was collected that to don’t allow a perfect year-over-year comparison. Additionally, there are some variations in the way this data is collected compared to Jace’s Market Pulse Reports so they are not intended to perfectly compliment each other. All content is provided on an “as is” basis, with no warranties of any kind whatsoever.