What Is Zillow’s Buyer-Seller Index, and How Is It Computed?

The Zillow Buyer-Seller Index (BSI) is a measure of the balance between sellers and buyers in a given market. A hot market, or sellers market, typically occurs when buyers are forced to compete for a limited supply of homes, often resulting in higher prices and/or quicker sales that tend to benefit sellers. A cold market, or buyers market, is the opposite: general lack of demand means homes can linger on the market longer and ultimately sell for less, putting negotiating power in the hands of buyers.

The cross-time BSI measures how hot a region’s housing market is relative to its own history.

For more information, click here: https://www.zillow.com/research/understanding-the-zillow-buyer-seller-index-2883/

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