USING REALTOR.COM DATA

Newbie here….when i look at realtor.com/research I see a chart that shows MARKET TRENDS MEDIAN LIST PRICE Y/Y..then I look to the right and see a County Name/State Name..then I see a column with “median list price y\y”. can some explain to me what this means? If the median price for an area is 174k, AND the median list price Y/Y says 2.4% what is this telling me??

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[Chuck LidtkaParticipant October 16, 2018 at 3:14 pm Post count: 135]

#18715

Y/Y means “Year over Year” percentage increase or decrease in the indicator value shown. If the number is positive, say for example Y/Y = 2.5%, then there has been a 2.5% increase this year vs. what it was last year. Same for M/M being Month over Month percentage indicator value.

[CleeParticipant October 18, 2018 at 7:21 am Post count: 8]

#18721

thank you Chuck!

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