Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

93
Posts
32
Votes
Francisco Feliz
  • Boston, MA
32
Votes |
93
Posts

How to Acquire Basic Market Information

Francisco Feliz
  • Boston, MA
Posted

In my current occupation, I'm used to digging for and collecting as much data as possible before making an investment decision. Of course, you can never wait until you have everything, but it seems like there is significantly less one has to work with before starting real estate investing, making one's attempt feel more like a gamble than a calculated risk..

..Or is there?

I am reaching out to ask BP how I would go about getting some of the data below if I wanted to about a neighborhood (or city? not sure, how granular the data gets) real estate market before flipping/buy-and-holding. Thanks, in advance, for your help.

% of retail listings sold (vs withdrawn) in the last 6m
months of supply (of comparable property types)
price ratio between distressed/retail sales (got these 3 from @J Scott)
% of houses sold over asking
average sale to list price
average days on market
% of sales in cash
% of listings receiving multiple offers
(Include here any other data others recommend)

Loading replies...