Nifty New Market Data Tool on Raveis.com

votetoday2.jpgMost importantly today, please go vote. You have until 8:00PM to get to your local polling place. So get a move on if you haven’t already…

Now, back to real estate topics. If you saw the lead article in the Hartford Courant today, you might think the sky is starting to fall on the local real estate market. This September was a slow month historically for sales and it’s going to take several months to see if the trend continues and exactly what is happening in our local market.

I believe that data is an incredibly important tool when analyzing a local market, as evidenced by all of my Greater Hartford housing statistic blogs. Well Bill Raveis believes it too, and today he launched a fantastic new tool on the Raveis.com website, if you’re a fan of charts and graphs.

The Local Housing Data applet will let you look at historical sales data town-by-town in several different categories; Unit Sales, Total Inventory, Time on Market, etc. It provides charts, the recent sales driving the graphs, and summary statistics- all for your local town. No more lumping several towns together which skews the real story. Talk about transparency. So, give the tool a whirl and see what you think. Just another great technology feature on the Raveis.com website!