Define the comparison
When you request a market update, specify the geographic area, property type, price range, and reporting period. Ask whether a figure describes active listings, pending contracts, or closed sales.
Look beyond a headline
Ask how the sample was selected and whether unusual properties may affect the summary. Compare the condition and features of the actual properties, not only a city-wide price statistic.
Keep asking what the number means for you
Buyers can ask how competing homes and terms compare. Sellers can ask how their preparation, timing, and pricing fit the current competition. A report should support a decision, not promise an outcome.
Request a dated local report
Ask the team for a current local report with its source, reporting period, and property criteria. Compare recent activity relevant to your plans.