Friday, March 16, 2012

New Robust Monthly Market Metrics

We are pleased to be part of the NYSAR initiative in conjunction with 10K Research and Marketing to provide you with a new robust monthly market report called “Monthly Indicators”.

The report will be posted each month on the MHMLS site for you to review and use as needed. To see the report log onto the system, go to DESKTOP, then NEWSLETTER. On the right you will see link labeled “NYSAR MONTHLY MARKET INDICATORS”, click on the link to view the report.

The report offers statistical metrics in the following categories: New Listings, Pending Sales, Closed Sales, Days on Market, Median and Average Sale Price, Sale to List Price Ratio, Housing Affordability Index, Inventory and Inventory Absorption Rate in Months. The report is rich in visual graphs making it easy to comprehend the data in a glance.

Thanks to Salvatore Prividera Jr., Director of Communication and the rest of the NYSAR staff as well as Kurt Schneider and Breanna Vanstrom of 10K Research and Marketing for what I find to be an excellent tool.

Santo (Sandy) Tambone
MHMLS

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