New Detached Homes Statistics / Metrics

Average Sales Price: Calculations are based on MLS sold data. Average price is the total dollar volume divided by the total number of sales in a given month 

Days On Market

Total Inventory:  The number of properties available for sale in active status at the end of a given month. Calculations are based on MLS listing data. For this metric, the "12 months" calculation is the average of the most recent 12 months of data.

Sales:  A count of the actual sales that closed in a given month. Calculations are based on MLS sold data.

Sales/Actives Ratio: The number of home sales divided by total active inventory for the specified period. Calculations are based on MLS sold data.