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Updated about 7 years ago on . Most recent reply

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5
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Tom Russo
  • Saint Paul, MN
2
Votes |
5
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Best Source for Market Data

Tom Russo
  • Saint Paul, MN
Posted

Hi everyone - I am wondering if there is a standard, up-to-date data source that provides local area and larger market real estate trends? For instance, house prices over time, rent prices over time, average days on market over time, demographic information over time, etc. Thanks for any advice!

Most Popular Reply

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1,254
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Steven J.
  • Urbana, IL
425
Votes |
1,254
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Steven J.
  • Urbana, IL
Replied

Short answer: No.

There are too many markets, too many variables, too many goals for varied investors, etc. There are many sources that give a good look into variables in the market but you need to draw your own conclusions from the various sources. Zillow, for example, has a garbage zestimate but at least gets you into a ball park. Listsource gives you plenty of leads to filter through but 'everyone' uses that. Craigslist provides sketchy leads and lots of scams yet many deals are found this way. 

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