Understanding Market Stats
Real estate is hyper local.
And that's why people don’t decide to whether to buy or sell based on national headlines.
However, a REALTOR's role is to help you assess market data for in a way that helps you evaluate a specific area... or price range... or your preferred home size. You get the picture.
Take a look at this this data and interpret. Which area will give buyers the advantage? Do the Days on Market correlate to the price? To learn more, an agent can look at how the number change over time.
For detached single family homes in Sept 2025*
Buyers are happier when...
Days on Market are higher
There are more listings with that criteria
Homes are going for less than asking
Sellers are happier when...
Days on Market are lower
Fewer listings have their same specifics
Homes are going for over asking
