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MetricDefinition
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median sale price The final home sale price covering all homes with a sale date during a given time period where 50% of the sales were above this price and 50% were below this price.
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median sale price per square foot The final home sale price divided by the total square feet of the property (not the lot) covering all homes with a sale date during a given time period where 50% of the sales were above this price per sqft and 50% were below this price per sqft.
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median list price The most recent listing price covering all homes with a listing date during a given time period where 50% of the active listings were above this price and 50% were below this price.
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median list price per square foot The most recent listing price divided by the total square feet of the property (not the lot) covering all homes with a listing date during a given time period where 50% of the active listings were above this price per sqft and 50% were below this price per sqft.
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pending home salesTotal homes that went under contract during the period. Excludes homes that were on the market longer than 90 days.  
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home sales Total number of homes with a sale date during a given time period.
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new listings Total number of homes with a listing added date during a given time period.
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inventory Total number of active listings on the last day a given time period.
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months of supply When data are monthly, it is inventory divided by home sales. This tells you how long it would take supply to be bought up if no new homes came on the market.
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median days on market The number of days between the date the home was listed for sale and when the home went off-market/pending sale covering all homes with an off-market date during a given time period where 50% of the off-market homes sat longer on the market and 50% went off the market faster. Excludes homes that sat on the market for more than 1 year.
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average sale to listThe mean ratio of each homes sale price divided by their list price covering all homes with a sale date during a given time period. Excludes properties with a sale price 50% above the listing price or with a sale price 50% below the list price.
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sold above listThe percent of homes sales with a sale price greater than their latest list price covering all homes with a sale date during a given time period. Excludes properties with a sale price 50% above the listing price or with a sale price 50% below the list price.
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price dropsThe total number of listings that dropped their listing price by at least 1% divided by the total active inventory during a given time period.
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off market in two weeksThe total number of listings that went from active to pending/off-market divided by the total number of new listings during a given time period.
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age of inventoryMedian days that all active properties have been on the market during a given time period. So the median of the (last day of the period minus the listing aded date), so long as the days active is less than one year and at least 1 day.
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total homes sold with price dropsThe total number of homes with a sale date during a given time period and where the sale price is less than the latest listing price.
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percent total homes sold with price drops
The share of homes with a sale date during a given time period where the sale price is less th an the lastest listing price.
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median days to closeThe median number of days a home takes to go from pending to sold.
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price dropsHow many listings dropped their price in a given time period.
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percent of total active listings with price drops
The share of total active listings that dropped their price in a given time period.
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percent of median active listings with price drops
The share of median active listings that dropped their pice in a given time period
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pending salesThe total number of homes that went under contract during a given time period and were on the market for less than 90 days.
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off market in two weeksThe total number of homes that went under contract within two weeks of their listing date.
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percent off market in two weeksThe share of pending sales that went under contract within two weeks of their listing date.
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total active listingsThe total number of listings that were active at any point during a given time period.
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median active listingsThe median of how many listings were active on each day within a given time period.
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median listing with price dropsThe median of how many listings were active on each day and whose current list price is less than the original list price within a given time period.
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average price drop ratioThe average of the ratio between the current list price and the original list price. An average price drop ratio of 5% means active listings have dropped their price by 5% of their original list price on average.
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homes delistedThe total number of homes that were pulled off the market during a given time period.
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percent active listings delistedThe share of active listings that were pulled off the market during a given time period.
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median active list priceThe median list price of all active listings.
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median active list ppsfThe median list price per square foot of all active listings.
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