Conducts real-time residential real estate market research including MLS activity, price trends, days-on-market, absorption rates, interest rates, and neighborhood-level analytics.
Use this skill whenever you need to research current residential real estate market conditions, pull comparable sales data, analyze neighborhood trends, check interest rates, or generate market reports for buyers and sellers.
Extract the target location: city, ZIP code, neighborhood, or county. If not specified, use the agent's primary service area stored in memory.
Use the web tool to search and fetch from these sources in order of preference:
MLS & Listing Data:
site:zillow.com/homes [city] sold — recent sales activitysite:redfin.com/city/[city] housing-market — Redfin market dashboardsite:realtor.com/local/[city] — inventory and median pricesInterest Rates (always pull current):
https://www.freddiemac.com/pmmshttps://www.bankrate.com/mortgages/mortgage-rates/Economic & Macro Context:
https://www.nar.realtor/research-and-statisticshttps://www.census.gov/topics/construction/new-residential-construction.htmlFor any market analysis, compute and report:
6 months = Buyer's market
Translate numbers into plain English. A buyer needs to know: "Is this a good time to buy, and will I face competition?" A seller needs to know: "How quickly will my home sell and at what price?"
For Buyers: "The [neighborhood] market has [X] months of supply, meaning it's currently a [buyer's/seller's/balanced] market. Homes are selling at [Y]% of list price in an average of [Z] days. I'd recommend [action]."
For Sellers (CMA Summary): Include 3-5 comparable recent sales, adjusted for square footage, condition, and features. State a recommended list price range with reasoning.
For Market Reports: Structure as: Overview → Key Numbers → Trend Analysis → What This Means → Forecast.
Always note the date of the data you're citing. Real estate data can lag 2-4 weeks. If data is older than 30 days, flag it and recommend pulling updated comps.
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