The Radar Logic Daily Price
The Radar Logic Daily Price is a single, statistically accurate value representing the price per square foot paid in a defined metropolitan area on any given day. Data is gathered from public source records and then translated by our proprietary algorithms into an accurate reflection of the values paid in actual arms-length real estate transactions.
Frequency of Publication: Daily (each metropolitan area will be published on a consistent lag of not more than 60 days after the date on which real estate sales "closed")
Unit of Measurement: Price per square foot (PPSF)
Technical Specifications: Together, Ventana and Radar Logic have developed a methodology for examining the vast amount of data that exists in the real estate market. This methodology enables us to produce an accurate reflection of market value and movement on a daily basis.
The prices are distinguished by:
•
Daily publication,
each business day.
• Use of the most current
public source data available to us.
• Transparency of the
Price Methodology...no hidden filters, assumptions or calculations.
• And a design affording a clear,
consistent and understandable price.
