Having in-depth and up-to-date housing data and market statistics is crucial for real estate professionals looking to stand out in their market.
Not only does such data help agents in listing presentations, but also enables MLSs/Associations to position themselves as the go-to market experts for local media.
Agents can also position themselves as the local market expert by using tools such as FastStats to post and share relevant data on their website, blog or social media profiles.
What statistics, exactly, do FastStats reports cover? Glad you asked!
Here are seven in-depth market statistics reports only available to FastStats subscribers.
1. Local Market Updates
Dig deeper into predefined geographies (neighborhoods, cities, counties, etc.) with these single-page reports designed for open houses and listing presentations.
Use local information to inform listing and buying decisions. This report will become your best friend when listing and negotiating a sales price — plus you can include your own branding on the white space available at the top of the report.
2. Market Indicators
The Monthly Market Indicators report highlights the key trends in the region’s residential market.
Current month, previous month and year-over-year trends are all in the same place. Grab the text and use it as your own in a newsletter or market update on your website — just make sure to give us some credit in the footer!
3. Housing Supply Overview
This report breaks metrics down by multiple variables — such as property type and construction status — and price range. In one report you can see big picture and close-up detail.
This report makes an expert out of anyone. Know your market like no one else. These reports can also be used to familiarize agents and consumers with market habits and microtrends.
4. Weekly Market Activity
When monthly updates just aren’t current enough, use this weekly report to inform day-to-day questions about market activity.
Leading indicators are shown weekly within the context of a monthly understanding of regional trends. Plus, use the text in newsletters for buyers, sellers and media, or extract the pages to use on your website or blog.
5. Foreclosure Report
Also referred to as the Lender-Mediated Report, this report shows the effect foreclosures and short sales have on prices, as well as their overall market share — all by region and city.
Whether distressed properties are your expertise or an occasional dalliance, this report will break down all the essential bits associated with the lender-mediated segment of the market.
6. Market Watch Report
A general overview of regional housing activity usually dictated by counties and zip codes, which is provided quarterly.
Agents and brokers continue to find value in this report because it provides general information about local and regional markets.
7. Annual Report
This report, available at the end of the year for an extra cost, is an in-depth look at your market for the previous year and what trends and market statistics are indicating heading into the next year.
Do you have the market statistics you need at your fingertips?
If you’re a real estate professional and belong to an MLS that subscribes* to MarketStats by ShowingTime, you already have access to useful reports and charts for every situation.
For MLS and association staff who need to quickly generate reports and charts that summarize local market activity, MarketStats by ShowingTime can help. Contact us for more information.
*MLSs and associations subscribe to MarketStats by ShowingTime to provide ready-made statistical tools for members. MarketStats is currently sold only to MLSs or associations.