How do I analyze the local market conditions?

  • We compute about 24 market indicators for every zipcode across the country including local analysis of inventory. Mortgage companies and appraisers depend on our insights to make valuation and mortgage underwriting decisions. So, we pride ourselves for the accuracy of these insights.

To find these insights, you can start by searching your zipcode or the town you are researching. 

Once your map loads you will see a button called “Local Trends”

Click on that button to view various different charts for each zip code covered by your current map. The charts include the following for different property types – Single Family, Townhomes, and Condos.

  • Median List Price
  • Median Sold Price
  • Average Days on Market
  • Median Sold Price per Square Foot
  • Inventory – number of properties available for sale
  • Median List Price vs. Median Sold Price
  • Absorption Rate – number of homes getting sold per month

Here are a few samples:

We are working on simpler ways to surface this information and the ability to view all this on a map. Please stay tuned for some awesome visualizations.