The report is produced on a monthly basis and contains everything you need to know about the sales activities within a specific community i.e. active homes for sale, properties which are under contract (pending) and finally what homes have sold over the past 3 months.
Thinking of selling ? You will be able to get a feel for the market and track the sales and marketing activities of homes comparable to yours. It's not a substitute for a professionally prepared CMA (Comparative Market Analysis) but will certainly provide you with good information on the current market.
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