FAQ Appraiser - One-Unit Housing, 1004MC and Inventory Analysis calculated?

The One-Unit Housing Trends and Sections of the 1004MC are calculated by analyzing the Properties drawn in the Neighborhood section and calculating each individual section using the logic below.

One-Unit Housing Trends, 1004MC & Inventory Analysis (top of page 2)

Data Set: Properties in the Neighborhood with the filters applied

• Property Values: plot the properties and analyze the trend line of properties values in the last 120 days.  
  • Trend line > 5%: Increasing
  • -5% < Trendline < 5%: Stable
  • < -5% slope: Decreasing
• Demand/Supply: AVERAGE the days on market and if:
• < 90 days = Undersupply
• 91-180 days = Stable
• > 180 = Oversupply
• Marketing Time: AVERAGE of the days on market in the past 120 days

One-Unit Housing 

Data Set: All properties in the Neighborhood (no filters)

• Predominate Price & Age: MODE of the price and age ranges