Explore the Austin New Listing Impact Score to assess the impact of new listings on market health. See how new inventory affects dynamics with historical data from Team Price Real Estate’s metrics.
The New Listing Impact Score assesses the impact of new listings on the Austin real estate market’s health and momentum by weighting the new-to-active ratio with a combined factor of market health (MHI) and momentum (DMI), providing a unique perspective on how new inventory influences market dynamics.
Historical data highlights its range; for instance, in March 2021, the score reached a high of 445.27, reflecting a period where new listings entered a market with exceptional health and bullish momentum, significantly impacting dynamics during a peak seller’s market, while in January 2023, it dropped to a low of 8.55, indicating minimal impact during a buyer’s market with weak health and bearish momentum post-pandemic boom.
A score typically above 100, suggests that new listings are entering a healthy, demand-driven market, often seen during periods of strong sales activity, whereas a score below 30, indicates new listings are entering a weak market with low momentum, common during economic slowdowns. This metric offers critical insights into the influence of new inventory on the Austin housing market with Team Price Real Estate’s detailed market performance metrics.