Data for each report is pulled from
Canopy MLS for Single Family and
Condo/Townhouse properties. There are many definitions of what constitutes a "single family" home, but we chose to limit it to these two
categories because (1) that's how Canopy MLS has them categorized, and (2) those two categories account for the vast majority of all residential
real estate transactions in our area.
This fact alone may very well account for any different numbers you might see, but there are also differences in how some may calculate their
metrics, which is why we give a description of our formulas on the last slide of every report (the Appendix).
If you still have any questions then please feel free to
click here to contact us because we'd love to nerd out with you (and we keep all of our data for that exact reason)!