The Lifecycle of Listing Metrics
There are lots of metrics that can be used to evaluate the real estate market, and they're all related to specific dates in the listing lifecycle. For example "Number of New Listings" are counted based on the Listing Date, and "Number of Closed Sales" is based on the Close Date. Measurements that occur closer to the List Date are fresher, and better describe the current state of the market. These are often called "Leading Indicators". On the other side, we have the most information about a listing when it closes. Here's a helpful chart to show you where each metric falls.
NEW | ACTIVE | PENDING | SOLD |
New Listings | Active Inventory | Days on Market | Closed Sales |
% of Distressed Listings | UnSold Listings | New Contracts | Sold Price |
Original Price | Price Changes | Pending Fallout | Sold Price per SqFt |
Price per SqFt | Temp Off Market |
| % of List Price Received |
|
|
| Sold Volume |
|
|
| Absorption Rate/MSI |
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