The Monthly Market report is for informational use and aggregates real estate market data based on closed home sales. Some zip codes may have a low number of sales per month, which could skew the results. For a full picture of how the real estate market looks by zip code, look back at least a few months to see how data like list prices, sale prices, and days on market are trending. If you are interested in using this real estate market news to price a property, you can also try the Torii Comps Chomper.
More information on Torii’s Monthly Market report and real estate market news: