What is the Altos Research Market Action Index?

Altos Research has also developed a proprietary index, The Market Action Index^TM that gives you an at-a-glance answer to the question, “How’s the market?” The higher the Index goes, the hotter the market. Like a thermometer, the measurable scales goes from zero to over 100. We set a threshold at an index value at 30 above which demand is high enough to call a “Seller’s Market” and below which is a “Buyer’s Market.” Sometimes demand climbs really high, properties stay on the market for only a matter of days, in those instances you may see an index value over 100.