Compass Q1 2020 Brooklyn Quarterly Market Report - Nicholas DeLotell

Page 5

Methodology Geography covered in this report is

Months of Supply is an estimated time

Brooklyn.

it would take to sell all current active listings based on the trailing 12-

Inventory is calculated based on all

months sales rate.

properties actively listed during the quarter at the time the report is

Time On Market is calculated by how

prepared.

many properties entered contract during the quarter in the given period.

Contract Signed figures for the current quarter are based on publicly

Discount is the percentage di erence

reported transactions at the time the

between the initial list and recorded

report is prepared. The signed price

sale price.

reflects the latest available asking price.

Current Quarter is reflective of the initial day of the quarter until the 20th

Recorded Sales figures for the current

day of the closing month of the

quarter are based on known closings

quarter. These numbers will be

recorded at the time the report is

updated in subsequent reports to

prepared.

reflect the dataset of the entire quarter.

Median Price is the middle price of a given dataset.

Quarters Q1: January 1 - March 31

511 Macon Street Photographer: DDreps

Average Price is the sum of all prices

Q2: April 1 - June 30

divided by the total number of

Q3: July 1 - September 30

properties.

Q4: October 1 - December 31


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.