The Market Activity Report is a snapshot of the changes in a local real estate market based on listing information and MLS data. The report includes samples of active, pending, sold, expired and distressed properties. Recent price changes and upcoming open houses are also included.
You can generate a Market Activity Report for a standard geographical area such as a ZIP code or a city and some neighborhoods, or for any of your custom areas that you draw and save. Your customized Market Activity Report will contain all the elements of a standard report, but for the area you define.
To run the custom area market report, create a custom area using the search tools or choose one from your Saved drop-down. Use a custom area, not a saved search.
Now, go to the Reports tab and select the Market Activity Report. If you were viewing the search results for your custom area before you navigated to the Reports tab, the name of your custom area will populate in the location field. If not, you can type in the area name or begin doing so and then choose it from the autosuggestion list.
After you have entered your custom area name, press the yellow Submit button and then run your report, choosing from the options for property and status types. When you generate the Market Activity Report, your custom area name will appear on the cover.
You can scan through the pages of a sample Market Activity Report on the report generation page.