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2.4. What are Market Segments?

Local Market Price Segments! Viewing the segments allows you to dive deeper into the data and see how the market may be different within different price points. With the segments we take all the active listings and list them from most expensive to least expensive.  We then divide that by 4 so that each segment has the same amount of inventory (combine the inventory for each segment and it will equal total inventory for said area).  The top segment will always represent the most expensive 25% of properties whereas the bottom will always represent the least expensive 25% of properties. The "New" is any new listings over the last week.  The "Absorbed" is anything that is no longer 100% active (i.e. pending, sold, expired, removed and etc.). 

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