Market Insights v5 New Features

Market Insights v5 New Features

The newest version of Market Insights is our biggest update yet.  While we did a lot of technical "house-cleaning" behind the curtain, here are all the new features that impact you and what you can do with the dashboard.
  1. New Design! 
    1. The chart area is bigger to make long time series easier to read.
    2. All the interactive options have been consolidated to the top, making navigation easier. 
  2. New Category Comparison Charts
    1. Compare any series breakout on a column chart by time period.
    2. Multiple standard breakouts: Property Type, Geographies, New Construction, Waterfront, Close Price Premium, Cash Sales, Financing, DOM Range, and more.
  3. New Map Chart
    1. View any metrics on a map of the service area.
    2. County maps are standard where applicable for the market. 
  4. More standard filters:  Property Type, Geography, Subdivision, Buyer Financing, Price Range, Living Area, Bedrooms, Year Built, Acres, New Construction, Waterfront (where applicable)
  5. Added "Time Travel"
    1. Just like Infographic and Market Review, you can now choose the month for your analysis.
  6. New selectable comparison period
    1. Rather than giving you MoM and YoY, you can now choose whatever month you want to compare for your analysis. 
  7. New Chart Features
    1. Show the Mortgage Rate on any time series chart for any metric.
    2. Export calculated results from any chart to an Excel document.
    3. Download or copy any chart in a single click.
    4. Metric indicator line from Market Review added to all time series charts.
  8. New Metrics!
    1. Percent from Original/List Price Received:  A more visually impactful way to view Percent of Original/List Price Received
    2. Percent of Original Received:  A good look into initial seller optimism
    3. Days on Market (Closed):  Domus traditionally reports DOM on the Pending month, but we've added reporting on the Close month to align to what the MLS platforms report
    4. Days in Escrow: Just how long are listings sitting around from pending to close?
    5. List to Close Days:  End to end, how long are your clients waiting from the day they list their house until they get a check?
    6. Mortgage Payment (PI):  Historical trends on mortgage can help your clients make more informed decisions. (doesn't include taxes & insurance)
    7. Mortgage Rate:  Track the historical rates without going to a different tool to do it.
    8. Concessions:  Several metrics to help sellers decide how much to offer and buyers decide how much to ask for.
    9. Absorption Rate: Sometimes referred to as "Odds o Sell", it's the units sold divided by the active listings.  (v5.1 and higher)
    10. Pending Inventory: How many listings are in a Pending status at the end of each time period?  (v5.1 and higher)
    11. Median Living Area: What's the median living area of closed listings?  (v5.1 and higher)
  9. Integrated Weekly Dashboard!  (v5.1 and higher)
    1. No more going to a separate dashboard to report on weekly market updates.  Plus you have access to all the same filters now, just remember, stats are more economically valid when they include more data rather than less, so don't use too many of those filters at once!

    • Related Articles

    • Market Insights v5 Pro Features

      The newest version of Market Insights is our biggest update yet, so take a look at all those features if you haven't already. In addition, we also added a "Pro" tier of Market Insights especially for clients who want more - more customizations, more ...

    • Using Pricing Insights

      Pricing Insights creates a visual price analysis of a market. This tool will help you narrow in on the right price for new listings quicker based on the overall market, and show your buyers where the properties they're interested in are situated ...

    • Defining quadrants on Pricing Insights

      When using Pricing Insights, you may have noticed that the chart area is segmented into 4 distinct quadrants, defined by the black intersecting lines.  The horizontal black line is set at the median sold price of the market defined by the filters.  ...

    • Using Market Review

      Market Review is a high-level review of the market, meant for public communication and sharing. It's more detailed than the Infographic, but doesn't have as much information as Insights. It has a 13-month analysis, as well as a year-over-year option. ...

    • Create a Luxury Market Seller analysis

      Sellers in the High End and Luxury markets can be demanding, and stats can help you communicate with them!  Sellers in general want to get the highest price in the shortest amount of time, but higher priced home take longer to sell. To illustrate ...