The Lifecycle of Listing Metrics

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