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The Neighborhood Report summarizes economic, housing, demographic and quality of life information about an area and/or specific neighborhoods using the most up-to-date MLS information exclusively available to REALTORS®.
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The Neighborhood Report summarizes neighborhood data including charts and statistics about the housing, economics and quality of life of the neighborhood.
Examples of the information included in the Neighborhood Report:
- Median estimated home value and change in the past year, for the neighborhood as well as the surrounding area.
- Median sales price compared to sales volume.
- The price range and price per square foot of homes sold in the area.
- Demographic information about the population of the area, including age ranges of the residents.
- The area’s unemployment rate and the occupations of residents.
- Average commute time for residents of the area.
The Neighborhood Report typically runs between 8 – 11 pages.