Sources - The data contained in this report is obtained from the most recent data available at the time of the report. The sources that contribute to this report are:
RMLS and NWMLS
Active Listings - The cumulative number of properties, currently active, on the market, and not under contract or pending, regardless of when the property was listed, for the month of the report.
Annual Median Sold Price - The annual median sold price is the median price for Closed Sales during the rolling 12 months prior to the month of the report.
It will to reflect the median price and not the average.
Average DOM - The Average DOM (Days On Market) is the average of all the properties sold in the month of the report.
Closed Sales - The cumulative number of property-sales that closed and transferred to a new owner in the month of the report
Dwellings Median Age - Based on the statistics through Onboard Informatics. Half the dwellings in the area are older than the year displayed, half are newer.
Educational Climate Index - Largely a socio-economic indicator weighted heavily toward those characteristics that reflect education.
Housing Inventory - The percent of homes that are Owned, Rented or Vacant.
Labor - The percentage of White Collar vs. Blue Collar workers in the area selected.
Median Age - The median age of all the residents of the area selected in the report. This is not the average age.
Median Household Income - The median income of all the households selected at the time of the report. This is not intended to be the average.
Median Sold Price - The median sold price is the median of sold properties (Closed Sales) for the month of the report. Median is the mid-point of all properties sold, not the average.
Months of Inventory - The total number of properties, listed active, as of the last day of the month of the report divided by the number of properties in a Closed Sale status.
New Listings - The cumulative number of properties, listed for sale, in the month of the report.
Listed properties that were taken off the market and re-listed in the month of the report will be considered as a new listing.
Population - The total number of residents in the area selected.
% Sold Above List Price - The percentage of all the properties sold that were sold above listing price in the month of the report.
Total Pending Sales - The cumulative number of properties that went into "Pending" status during the month of the report.
Pending status is an Active listing that went under contract but is not a Closed Sale.