MLS Stats: New vs Sold View

The New vs Sold view of the MLS Stats report provides statistics based on MLS listing activity to allow users to compare the characteristics of properties listed over time compared to properties sold over time. These statistics are compiled on a monthly bases for a variety of regions and listing categories. Analyzing these statistics allow users to determine changes in the market, such as if new listings in a month are of a higher price/value than what is currently being sold, or a lower price, or what the number of properties selling on those ranges is.

Getting a feel for this can help users understand nuances of the market, such as if starter homes are more desirable (or less), if higher priced homes are hotter or cooler, what monthly trends are, etc.