Tag archives: Montecito Heat Index
The Montecito Heat Index measures demand for Montecito single-family homes in five price sectors. By identifying demand, (contracts to purchase), rather than sales, (closed escrows) we create a forward-looking indicator of market strength. And since real estate activity fluctuates seasonally, today’s Heat score is compared to this date last year. All data are from the […]
The Montecito Heat Index measures present demand for Montecito single-family homes. By focusing upon buyer contracts, rather than closed escrows which typically lag a month or longer from accepted contracts, the Heat Index provides a forward-looking indicator of both market strength and direction. At five distinct price points, we look at where value is most […]
The Montecito Heat Index measures present demand for Montecito single-family homes. By focusing upon buyer contracts, rather than closed escrows which typically lag a month or longer from accepted contracts, the Heat Index provides a forward-looking indicator of both market strength and direction. It also shows us at five price-points where value is most recognized […]
The Montecito Heat Index spotlights present demand for single-family homes. By identifying buyer contracts, rather than sales which typically lag a month or longer, the Heat Index is a forward-looking indicator of both market strength and direction. It also shows us at five price point(s) where value is most recognized by buyers and those properties […]
The Montecito Heat Index identifies demand for Montecito single family homes. By measuring buyer contracts (pending sales) rather than sales (closed escrows) lagging typically thirty days, the Heat Index provides a forward-looking indicator of both market strength and direction. It also shows us the price point(s) where value is most recognized by buyers and the […]
The Montecito Heat Index identifies today’s demand for Montecito single family homes in five price sectors. By measuring buyer demand (pending sales), rather than sales (closed escrows), which is lagging typically thirty days, we create a forward looking indicator of both market strength and direction. The Heat Index metric shows us the price point(s) where […]
The Montecito Heat Index identifies demand for Montecito single family homes in five price sectors. By measuring buyer demand (signed contracts) rather than sales (closed escrows), we create a forward looking indicator of both market strength and direction rather than sold data which is typically a month or more old. This metric also shows us […]
How hot is Today’s Montecito Real Estate market? The Heat Index measures buyer choices for single family homes in five price sectors. Rather than sales data, typically at least 30 days old, the Index measures signed contracts resulting in present demand and thus market strength and direction. Since home purchases fluctuate seasonally, indeed monthly, today’s […]
How hot is today’s Montecito real estate market? The Heat Index shows us buyer choices for single family homes in five price sectors. Rather than sales data (closed transactions) typically at least 30 days old, we measure current signed contracts (pending sales) resulting in an indication of present demand and market strength and direction. […]
The Montecito Heat Index identifies demand for Montecito single-family homes in five price sectors. By measuring buyer demand, (signed contracts) rather than sales (closed escrows), we create a forward-looking indicator of both market strength and direction rather than sold data that are typically a month or more old. And since real estate activity fluctuates seasonally, […]
The Montecito Heat Index illustrates demand for Montecito single-family homes in five price sectors. By identifying buyer demand, (signed contracts) rather than sales (closed escrows), we create a forward-looking indicator of market strength rather than sold data often more than a month old. And since real estate activity fluctuates seasonally, today’s Heat Score is compared […]
The Montecito Heat Index is a measurement of signed real estate purchase contracts, which are pending final closing for Montecito single-family homes in five distinct price sectors. This data, rather than closed sales, more closely measure present demand or Heat. And since real estate activity fluctuates, monthly and seasonally, today’s Heat score is compared to […]
The Montecito Heat Index is a snapshot of demand for single-family homes in five price sectors. Rather than a measurement of completed sales, typically referred to as lagging data, the Heat Index looks at homes currently under contract resulting in a more accurate picture of market demand. And as real estate activity is seasonal, today’s […]
