Federal Reserve Economic Data

Market Hotness: Median Listing Price in Detroit-Warren-Dearborn, MI (CBSA) (MELIPRYYMSA19820)

Observation:

Oct 2024: 7.51239 (+ more)   Updated: Nov 7, 2024 4:17 PM CST
Oct 2024:  7.51239  
Sep 2024:  5.72519  
Aug 2024:  2.75330  
Jul 2024:  4.05204  
Jun 2024:  1.85185  
View All

Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Realtor.com  

Release: Market Hotness Index  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The percentage change in the median listing price from the same month in the previous year.

With the release of its November 2021 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. The methodology has also been adjusted to better account for missing data in some fields including square footage. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since December 2021 will not be directly comparable with previous data releases (files downloaded before December 2021) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library.

Suggested Citation:

Realtor.com, Market Hotness: Median Listing Price in Detroit-Warren-Dearborn, MI (CBSA) [MELIPRYYMSA19820], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MELIPRYYMSA19820, .

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