These are the statistics on MLS market pages, in the Indicators table and in MLS market reports. They are calculated from your MLS’s own listing records and updated overnight.
Each one covers the period you choose, such as Last Month or Last 12 Months. A sale counts in the period its closing date falls in.
National markets use a different source and different definitions. See National statistics.
Prices
Sales Volume
The combined sale price of every listing that closed in the period.
Average Sales Price
The average sale price of listings that closed in the period.
Median Sales Price
The middle sale price of listings that closed in the period. Half sold for more and half sold for less.
Average Price Per Sqft
Each closed listing’s sale price divided by its square footage, averaged across the period’s closings.
Median Price Per Sqft
The middle value of sale price divided by square footage, across the period’s closings.
Appreciation
The percent change between the median sales price of the 12 months ending with the period and that of the 12 months before. A one-month or three-month period shows the 12-month figure that ends with it, so Appreciation for August 2026 compares September 2025 through August 2026 with the 12 months before, not August with August.
Time on market
Average Days on Market
For listings that closed in the period, the average of each home’s cumulative days on market: the days your MLS counts from listing until the home went under contract, including days on an earlier listing of the same home when it was relisted.
Median Days on Market
The same measure, taking the middle value instead of the average. A few slow sales move the average more than they move the median.
Negotiation
Original vs Asking Price
How far sellers moved before they sold: the average percent change from the original list price to the final asking price, across listings that closed in the period. A final asking price recorded more than 100% away from the original is treated as a data-entry error and left out.
Asking vs Sales Price
How far buyers moved them: the average percent difference between the sale price and the final asking price, across listings that closed in the period. A sale recorded more than 100% away from its asking price is treated as a data-entry error and left out.
Success Rate
Of the listings that left the market in the period, the percentage that went pending or closed, rather than expiring or being withdrawn or canceled.
Supply and demand
Months of Inventory
For a month, it is Active Listings at the end of the month divided by the average monthly sales over that month and the two before it: how long that supply would last at the recent pace of sales. For a longer period, such as Last 12 Months, it is the average of the monthly figures.
New Listings
Listings that came on the market during the period.
Active Listings
Listings for sale and not yet under contract at the end of the period. A listing stops counting once your MLS records a contract date for it, so homes under contract, including Active Under Contract listings, are left out. This is the number the Supply chart plots.
All Active Listings
Listings that were for sale, and not yet under contract, at any time during the period. It is higher than Active Listings because it also counts listings that went under contract, expired, or were withdrawn or canceled during the period. A home that went under contract before the period is not counted, even if it closed during it. The listing counts beside the gauge show this as Active.
Pending Listings
Listings that went under contract during the period.
Total Sales
Listings that closed during the period.
Price Reductions
Listings whose most recent price change fell in the period and left the asking price below the original list price. A listing cut in the period and cut again later counts in the later period. The market page shows this as Reduced.
Expired Listings
Listings that expired during the period.
Withdrawn Listings
Listings that were withdrawn during the period.
Canceled Listings
Listings that were canceled during the period.
Good to know
- A market needs at least 30 closings in the last 12 months to have statistics.
- A sale is counted once the month it closed in is complete. How quickly late entries and corrections show up is in Where the data comes from and how fresh it is.