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Average Rental Price: The average estimated monthly rental price, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
Per Month
Average Rental Trend
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Average Rental Trend: The change of the estimated average monthly rental price over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
Last 12 months
Vacancy Rate
i
Vacancy Rate: The vacancy percentage, based on the number of available rental properties in the area over the past 12 months, calculated based on similar properties. (It doesn't consider a property's specific condition or renovations.)
The Xome Value displayed in connection with a property is computer-generated by the application of various proprietary mathematical formulas and techniques using currently available local market, licensed and proprietary data. The displayed Xome Value is not prepared or provided by a licensed appraiser, does not constitute an appraisal of the subject property, and should not be relied upon as such. Data used to generate the Xome Value does not include information that could be derived from a visible inspection of the subject property and its surroundings. The condition of a property can materially affect the accuracy of a property's Xome Value. The data, and information derived from such data, in a Xome Value is provided on an "AS AVAILABLE" and "AS IS" basis and is provided for informational purposes only. Although we have attempted to provide reliable data and use reliable methodologies in providing a property's Xome Value, Xome Inc., its affiliates and their respective members, directors, officers and employees make no representations or warranties regarding the accuracy of a property's Xome Value on any specific date and expressly disclaim the obligation to update such value. All uses of the Xome Value are at the user's sole risk, and shall be for personal, non-commercial use and for no other purpose. Xome Inc., its affiliates and their respective members, directors, officers and employees are not liable for the accuracy of a property's Xome Value or any information related thereto. Your use of Xome Value must in all cases comply with all applicable laws and regulations.
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The Comparable Home Sales chart is produced by analyzing a data set that contains the last 5 years of property sales within 3 miles of the subject property. Each property in this data set is analyzed on multiple factors such as square footage, bedrooms, bathrooms, lot size and more to arrive at a 'Relevance Score.' Comparable properties are then ordered from most similar to least similar for comparison purposes.
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
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The median price represents a midpoint for property values in the market — half of the properties sold for a higher price and half sold for lower. The median value (as opposed to average) is used so that extreme sales prices, both high and low, don't skew the interpretation of where property values in a market are heading.
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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