System and Method of Real Estate Market Growth Analysis and Display

Data extracted from the Multiple Listing Service (MLS) or similar database are mined to analyze and display real estate market growth. A plurality of selection criteria that define a real estate market is accepted and two time period definitions are also accepted. Data associated with properties in...

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Bibliographische Detailangaben
Hauptverfasser:	FRAZER TIMOTHY, SPRAETZ MARK, KRAUSE PETER, BIGGS WILLIAM D, RYMER JOSHUA M
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRIC DIGITAL DATA PROCESSING PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:	Data extracted from the Multiple Listing Service (MLS) or similar database are mined to analyze and display real estate market growth. A plurality of selection criteria that define a real estate market is accepted and two time period definitions are also accepted. Data associated with properties in the defined real estate market sold during the two time periods and retrieved from the MLS are aggregated. The data are analyzed to determine the growth in the defined real estate market between the two time periods and indications of the growth are graphically displayed. The displays may be as percent change or change in value of a metric, and may comprise single and double bar graphs, respectively, each bar or pair of bars graphing the metric for a geographic area or for a real estate office. The metrics may include dollar volume, number of units, median price, average commission, and average days on market.