TRREB Market Reference Definitions - Distinctive Advisors Inc.

Distinctive Advisors Inc.

Menu

Distinctive Real Estate Advisors Inc., Brokerage | Distinctive Real Estate Advisors Inc., Mortgage Broker License #12592

TRREB Market Reference Definitions

  1. Sales, dollar volume, average sale prices and median sale prices are based on firm transactions entered into the TRREB MLS® system between the first and last day of the month/period being reported.
  2. New listings entered into the TRREB MLS® system between the first and last day of the month/period being reported.
  3. Active listings at the end of the last day of the month/period being reported.
  4. Ratio of the average selling price to the average listing price for firm transactions entered into the TRREB MLS® system between the first and last day of the month/period being reported.
  5. Average Listing Days on Market (Avg. LDOM) refers to the average number of days sold listings were on themarket. Average Property Days on Market (Avg. PDOM) refers to the average number of days a property was on the market before selling irrespective of whether the property was listed more than once by the same combination of seller and brokerage during the original listing contract period.
  6. Active listings at the end of the last day of the month/period being reported.
  7. Past monthly and year-to-date figures are revised on a monthly basis.
  8. SNLR = Sales-to-New Listings Ratio. Calculated using a 12-month moving average (sales/new listings)

From the Journal

We love houses and communities, and everything that makes them exquisite and unique. Visit our journal for the latest home trends, industry insights and local happenings.

  • GTA Market Update March 2021

    Toronto Residential Market Update – March 2021

    March 2021 was yet another record-breaking month as home sales continued to be strong across Toronto and the Greater Toronto…

    Read More
  • March 2021 Market Update - Ottawa

    Ottawa Residential Market Update – March 2021

    The March numbers for residential real estate in Ottawa are — once again — up from the previous month. “There…

    Read More