Metro Market Temperature Index (Single Family Residential & Condo, Monthly)

Monthly Zillow Market Temperature Index reported at the metro-area geography level, covering single-family residential and condo properties. The index scores each metro on a scale indicating how favorable current conditions are to buyers versus sellers (i.e., how "hot" or "cold" the market is), based on factors such as pricing trends, inventory levels, and time-on-market. Values are refreshed monthly and can be used to track shifts in local housing market competitiveness over time.