Get Real-Time Market Data For Your Neighborhood!
Whether you are buying or selling, this valuable report will provide you with real-time market data that will empower you to get the most out of your next real estate transaction
- Real-Time reports with the most accurate picture of home sales in your area.
- Use dynamic maps to chart the market data
- Access community information targeted to your search area
- View local school information for the area
- Learn about the supply of unsold homes in your neighborhood
- Discover how fast homes are selling right now
- Find out how actual selling prices compare to listing prices in your area
- Learn how to get more for the money in a changing market
- Receive regular email updates as the market changes
Frequently Asked Questions About Our Market Value Reports
1. Where is the home and market information for this Market Snapshot collected from? View
The information comes from the local Multiple Listings Service (MLS) database, your area's primary source of real estate listing, transaction and market data. The complete MLS database is only accessible to real estate professionals. Unlike other sources (like Public Records, which only provide data on Sold Homes), the MLS provides detailed information on homes that have sold, homes currently for sale, homes under contract but not yet closed (pending sales), and homes that didn't sell (cancelled or expired listings). Additionally, the MLS offers analysis of various market trends. So you can be sure that the home and market information I provide to you is the most comprehensive, accurate and up-to-date available.
2. How does this Market Snapshot compare to other home evaluation services? View
Other services may provide a generalized, estimated market evaluation of an average home that has the same basic characteristics as your home. However, such an estimate is only one of many pieces of information you'll need to make the most informed decisions you can when selling your home. Real-Time Market Snapshots also include graphical analysis of important market trends that will place your home evaluation into perspective. These Snapshots give you: Real-time data on homes similar to yours in your area that have recently sold or are currently for sale How long specific homes were on the market before they sold, as well as time-on-the-market averages for your area Volume comparisons of recent sales, new listings and total listings Percentages comparison of asking price to selling price for recent sales Average, median and high/low prices for homes that have recently sold or are currently for sale This additional information is crucial in helping to price, position and market your home so that you get top dollar when you sell.
3. What information do the Market Snapshot maps and graphs include? View
The map area displays your home address (if you are using the Snapshot to calculate the value of your home) or your chosen area of interest (if you are using the snapshot to investigate an area with a mind towards buying) and all the properties found in the area which match the criteria you specified. Beneath the map, a scrolling grid listing all of the properties used to generate the report’s statistics. The you can choose to show a road map, an aerial (or “satellite”) view, or a hybrid view with both the aerial and the road map. In addition, you can select a “birdseye” view which displays an angled aerial perspective, rather than the “straight down” perspective offered by the conventional aerial view .
4. How are the numbers calculated in the "Summary of All Properties" table? View
Each view of the accordion control contains a table summarizing the chart’s contents. The contents of the tables are calculated based on the listed and sold properties found within the selected date range (Last 3 Months, Last 30 Days, This Week). The following statistics are available.
Asking and Sold Prices: This view features a table displaying the following statistics for sold and listed properties: total found, most recent, highest price, lowest price, average price, median price.
Asking vs. Selling Price: This view displays the average percentage of asking price received, the number of sales which exceeded the asking price, the number which sold for less than the asking price, and the number that sold for exactly the asking price.
Time on Market: This view features a table displaying the following statistics for sold and listed properties: total number of properties, average days on market, most recent listing/sale, shorts days on market, longest days on market.
Number of Homes: This view features statistics on the number of sales in the time period, number of new listings in the time period, and average number of homes for sale on any given day within the time period.
5. How is the market information in the Market Snapshot relevant to me and my home? View
In many ways! In the Asking and Sold Prices view, the Asking Prices and Sold Prices graph depicts the average price and the high/low price of homes for sale in your area that are similar to yours. The graph also depicts the selling price of homes similar to yours that have recently sold. This graph gives you a general indication of what the prices of homes like yours have been doing in the time frame you selected.
6. What is my next step if I am considering selling my home? View
The information provided here is meant to give you a general picture of what the real estate market is doing in your area. If you'd like more detailed market information and my analysis of it, or if you'd like a very precise evaluation of your home's current market value, please contact me. Additionally, if you'd like to know how you can get the highest possible price for your home when you decide to sell, or if you have any real estate related questions at all, I'd be happy to help you.
