The Clever Market Pulse data set measures key metrics for U.S. real estate markets at the national, state, metro, and zip code levels. The data covers all 50 states plus Washington, DC, and all zip codes nationwide.
Clever uses this data as a foundation for the accurate, trustworthy information we provide and interpret for home sellers, home buyers, and investors throughout their real estate journeys.
Data sources
The Clever Market Pulse draws on current and historical data from large-scale private real estate companies and U.S. government sources, including the following:
We monitor each data source and update the Clever Market Pulse data when the original sources update their data, usually monthly. Sometimes we'll update data more frequently.
Clever also performs regular quality checks to identify outdated data, broken data connections, and other data issues that may arise.
Why we use multiple data sources
Using multiple trustworthy data sources allows us to provide a comprehensive snapshot of the housing market.
Since not all metrics are available from all sources, if one set of data isn't comprehensive, we use another set to fill in gaps.
When multiple sources provide the same metric, Clever selects a primary source based on several factors.
Data estimates
We also use the data to make estimates and to extrapolate and build new data points using proprietary methods.
What's included in Clever Market Pulse
Clever Market Pulse data evolves as the real estate market changes, but always retains critical data on home buying and selling at the state and local levels.
- Home value estimates
- Listing prices
- Sale prices
- Housing supply
- Home-selling timelines
Limitations and appropriate use
The Clever Market Heat Index is most reliable for the following:
- Understanding market trends
- Comparing market conditions across states, metros, and zip codes
- Identifying shifting markets
The Clever Market Heat Index should NOT be used for the following:
- Making individual property valuations or pricing
- Timing your buying or selling decision
