If you’re not familiar with Altos Research, you should remedy that situation today.  Altos Research provides detailed, real-time real estate market statistics to consumers and real estate professionals.

As consumers get more sophisticated, and differentiating yourself in the marketplace gets more difficult, providing market statistics, and knowing how to interpret them, is an excellent tool.

I didn’t know until recently that you can use one of Altos Research’s charts for free.  Altos doesn’t provide information for every market area across the US, but if they’re in your market, you’ve got a golden opportunity.

A sample of the free chart is shown at the right.  This one is for San Jose, California.  It shows the median home price in San Jose over the last 12 months, and it is updated regularly.

Looks like San Jose prices have taken a beating.  But, as you know, the only way to make informed decisions is to have valid information on which to base those decisions.

If you’re interested, you can check if Altos provides data for your market area and get a free real estate market price chart for your market area. 

You can also get more information about Altos Research’s complete real estate market statistics for real estate professionals.

Note:  In case you’re wondering, I don’t have a business connection with any of the vendors I mention on this blog, except that I do partner with Point2 Agent and Blackwater/Compass to provide client services.  If that changes, I’ll let you know.  In this case, except for thinking Scott Sambucci is a pretty great guy, I have no relationship with Altos Research.