TRREB Market Reference Definitions –

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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)

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