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Title:               Market Hotness: Median Listing Price Versus the United States in Memphis, TN-MS-AR (CBSA)
Series ID:           MELIPRVSUSMSA32820
Source:              Realtor.com
Release:             Market Hotness Index
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Monthly
Units:               Ratio
Date Range:          2017-08-01 to 2024-05-01
Last Updated:        2024-06-04 4:13 PM CDT
Notes:               The median listing price for a given market divided by the median
                     listing price for the US overall.
                     
                     With the release of its November 2021 housing trends report,
                     Realtor.com® incorporated a new and improved methodology for
                     capturing and reporting housing inventory trends and metrics. The new
                     methodology uses the latest and most accurate data mapping of listing
                     statuses to yield a cleaner and more consistent measurement of active
                     listings at both the national and local level. The methodology has
                     also been adjusted to better account for missing data in some fields
                     including square footage. Most areas across the country will see minor
                     changes with a smaller handful of areas seeing larger updates. As a
                     result of these changes, the data released since December 2021 will
                     not be directly comparable with previous data releases (files
                     downloaded before December 2021) and Realtor.com® economics blog
                     posts. However, future data releases, including historical data, will
                     consistently apply the new methodology. More details are available at
                     the source's Real Estate Data Library
                     (https://www.realtor.com/research/data/).

DATE              VALUE
2017-08-01  0.709090909
2017-09-01  0.720000000
2017-10-01  0.703272727
2017-11-01  0.692136715
2017-12-01  0.689144128
2018-01-01  0.690942204
2018-02-01  0.669268470
2018-03-01  0.649122807
2018-04-01  0.655873877
2018-05-01  0.667724161
2018-06-01  0.703151050
2018-07-01  0.710302221
2018-08-01  0.713232831
2018-09-01  0.712605042
2018-10-01  0.728196444
2018-11-01  0.711864407
2018-12-01  0.724042773
2019-01-01  0.707980653
2019-02-01  0.703526182
2019-03-01  0.700378381
2019-04-01  0.705905699
2019-05-01  0.718862322
2019-06-01  0.718750000
2019-07-01  0.723352637
2019-08-01  0.737340588
2019-09-01  0.739857444
2019-10-01  0.742499769
2019-11-01  0.762950820
2019-12-01  0.775091697
2020-01-01  0.762573099
2020-02-01  0.752901124
2020-03-01  0.760924765
2020-04-01  0.780180110
2020-05-01  0.759574468
2020-06-01  0.760458094
2020-07-01  0.759130435
2020-08-01  0.759167622
2020-09-01  0.744717049
2020-10-01  0.744699140
2020-11-01  0.752923977
2020-12-01  0.743345725
2021-01-01  0.716417910
2021-02-01  0.683551674
2021-03-01  0.677826642
2021-04-01  0.649478955
2021-05-01  0.637267533
2021-06-01  0.639312977
2021-07-01  0.646437995
2021-08-01  0.666400000
2021-09-01  0.663933333
2021-10-01  0.706666667
2021-11-01  0.688261138
2021-12-01  0.659264752
2022-01-01  0.594484996
2022-02-01  0.588946684
2022-03-01  0.569406684
2022-04-01  0.588081049
2022-05-01  0.668647846
2022-06-01  0.679287305
2022-07-01  0.720657806
2022-08-01  0.723548857
2022-09-01  0.740496786
2022-10-01  0.752823529
2022-11-01  0.781129808
2022-12-01  0.802469136
2023-01-01  0.804929403
2023-02-01  0.779964524
2023-03-01  0.752358491
2023-04-01  0.755581395
2023-05-01  0.736941398
2023-06-01  0.735140449
2023-07-01  0.738636364
2023-08-01  0.736977462
2023-09-01  0.721769499
2023-10-01  0.749411765
2023-11-01  0.761726191
2023-12-01  0.777804878
2024-01-01  0.782539683
2024-02-01  0.780986763
2024-03-01  0.769357496
2024-04-01  0.789510408
2024-05-01  0.790823822