Detached Housing Stats
Housing Price Index
The MLS® Home Price Index (HPI) is modeled on the Consumer Price Index (CPI) which measures the rate of price change for a basket of goods and services, including food, clothing, shelter and transportation. Instead of measuring goods and services, the HPI measures the change in the price of housing features. Thus, the HPI measures typical, pure price change (inflation or deflation).
Average Sales Price
Calculations are based on MLS® sold data. Prices do not account for seller concessions. Average is the mean sales price for all closed sales in a given month.
Active inventory divided by the number of home sales in the period specified. Calculations are based on MLS® sold data.
the mean sales price for all closed sales in a given month.
The number of properties available for sale in active status at the end of a given month. Calculations are based on MLS® listing data.