Neighborhood prices and statistics

Price change in last 12 months:
This important ratio shows the price appreciation of properties in any neighborhood in the past 12 months. Our system captures prices every month and then compares the changes in the past 12 months to generate this ratio. This is arguably the most important ratio to look into when comparing where to buy a property especially if the buyer is looking at the potential investment returns. Some neighborhoods' prices appreciate and grow much faster than others due to the high demand and demographic changes.

Demand Level:
This statistic measures the actual demand for properties in any neighborhood, and its calculated by measuring how many people search for properties in the neighborhood and how many buyers end up actually contacting the sellers to inquire about the properties listed. 100% reflects very high demand, and any number below 25% indicates low demand.

Minimum price per meter:
This number indicates the average minimum price per meter in the neighborhood, and not the absolute minimum prices. There are always exceptions and outliers that our systems ignore, so you can use this number to get a general sense of the lowest prices that are possible to find in the neighborhood.

Maximum price per meter:
This number indicates the average maximum price per meter in the neighborhood, and not the absolute maximum prices. There are always exceptions and outliers that our systems ignore, so you can use this number to get a general sense of the highest prices that are possible to find in the neighborhood.