By David Parks · eXp Realty · The Apollo Group · 2 min read
A good market report shows median price, inventory, days on market, and sale-to-list ratio for your area. Look at trends over time rather than a single month, and compare similar property types.
| Key point | What it means |
|---|---|
| Median sale price | The middle price of homes sold, which reduces the effect of a few very high or low sales. |
| Active listings and months of supply | How much choice buyers have. |
| Days on market | How fast homes sell. |
| Sale-to-list ratio | How closely final prices follow asking prices. |
| New listings and pending sales | Signs of future activity. |
Small sample sizes can swing wildly, especially in smaller neighborhoods or at the luxury end. Median price can change because of what sold, not because values changed. Seasons matter, so compare to the same month last year.
Request data for your city, price range, and property type. A condo market may behave very differently from detached homes.
Use the report with your agent to decide on pricing, offers, and timing. If you want a custom report for your neighborhood, reach out to David.
This article is general information, not legal, tax, financial or inspection advice. Every home and situation is different, so confirm details with a licensed inspector, lender, attorney or tax professional.
David is a Greater Denver real estate advisor with eXp Realty and The Apollo Group (Colorado broker license FA100103211). He has closed more than $55 million in volume, earned eXp Icon status in 2025, and holds a 5.0 rating on Zillow from 27 verified reviews.
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