A market chart needs a date, a definition and context.
What is a contract ratio?
A contract ratio compares homes under contract with homes available for sale. A contract ratio of 100 means equal counts in those two groups. Always read the data provider’s definitions, date and coverage before comparing areas.
Put the number in context
- Look for the date of the latest update.
- Compare similar property types and price ranges.
- Read the trend as well as the latest number.
- Use property-level comparable sales when deciding an offer or list price.
The original chart
This third-party Tableau resource provides a contract-ratio map. It is available below as an outside resource, not embedded as a live market promise. Check its update date before relying on it.
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General information only. Verify property details and third-party information independently.