Glossary Category Terms

Report Section

Active Listings (Supply) 

The Active Listings chart shows the historical trend of how many  listings were active each month. The Seasonally Adjusted Current Supply Index is a gauge that shows as of the end of last month, if there was more or less inventory available than the historical  average. This can help show if the buyers or the sellers have more strength in a given market.

The Months of Supply/Absorption rate chart shows the inverse relationship of how many sales happened each month compared to how many active listings existed for that month. The Seasonally Adjusted Supply vs Demand Relative Strength looks at the supply vs demand and compares it to historical values for the same season. How far off of center that number falls can help show if the buyers or the sellers have more strength in a given market.

 

The number of active listings compared to the number of sold listings for the same period of time.

The value is compared only to the average value for the same month in prior years.

How strong the amount of demand is compared to seasonally adjusted historic norms. A value of 50% means the number is in line with the historic norm, whereas a higher or lower value is comparatively more or less demand respectively.

The supply index measured against the demand index and compared to historic norms. This is an indicator of a buyers or sellers market. A value of 50% means the number is in line with the historic norm, whereas a higher or lower value is comparatively buyers market or sellers market respectively.

How strong a value is compared to the same month of prior years

How strong the amount of supply is compared to seasonally adjusted historic norms. A value of 50% means the number is in line with the historic norm, whereas a higher or lower value is comparatively more or less supply respectively.