Homes Sold

Definition:

This displays the number of homes sold in the previous week within a market.

Here's why this is helpful to you...

If this statistic is trending upward, that could be a sign that the market is heating up and it is becoming more of a sellers market. Conversely, if it is trending down it could be a sign that the market is softening and turning towards a buyers market. The ninety-day trend is a more reliable indicator than the seven-day trend..