InfoSparks Tips from ShowingTime

ShowingTime has three (3) tips of the month to share with you regarding MarketStats. They are as follows:

  1. Rolling 12 Months Time Calculations
    Utilize the Rolling 12 Months time calculation within InfoSparks to widen the scope of your data for smaller areas with fewer homes for sale on a month-to-month basis. Rolling 12 Months means that each data point represents 12 months of activity. In this view, a historical line graph will generally appear smoothed out because there is more data for each point on the line.

  2. Buyer's vs. Seller's Market
    When someone asks if it's a buyer's or seller's market, you can have the answer thanks to the latest Months' Supply of Inventory figure. Generally, a balanced market is between four and six months of supply. If it’s fewer months, then sellers have gained asking power. If it’s more months, the advantage goes to the buyers.

  3. Asking Prices
    Sellers often want to know how much of their asking price they will get at sale. By showing off InfoSparks charts or FastStats reports derived from the Percent of List Price metric, you will be able to provide a fair answer based on the most recent data.

Last Modified: Tuesday, November 27, 2018
November 2018

December-2018

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InfoSparks Tips from ShowingTime

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