Triangle MLS,
Inc.
111 Realtors Way
Cary, NC 27513
( 919) 654-5400 voice
( 919) 654-5401
fax info@trianglemls.com
Market Dynamic ReportsMarket Dynamic Reports
The market dynamic statistic reports are based on closed MLS
transactions and include: Months Supply of Inventory (MSI), Average and Median
Sold Price, Number of Units Sold, Supply and Demand, and Average Days on
Market. Each report provides monthly statistical data by county dating back
two years. Statistical data includes Residential properties.
Market Dynamic Report Descriptions:
Average
and Median Sold Price – Average: Total dollar volume of sold residential
listings divided by the number of listings sold during the month. Median:
All sold prices are listed from lowest to highest. The median is the sold
price in the middle.
Number of Units
Sold – Total number of residential listings sold during the month.
Supply and Demand
– Comparison of the total number of residential listings for sale,
under contract, and sold during the month.
Average Days on
Market – Sum of the days on market for all residential listings
divided by the total number of listings.
