For analyzing listings, what is the minimum data component to consider?

• A. Current listings
• B. Expired listings
• C. Pending listings
• D. All listings

Answer: (A)

The main idea is to focus on what’s actually available in the market right now. When analyzing listings, you need the active inventory—what is currently listed for sale—to gauge real-time supply, pricing, and competition buyers face. Current listings provide the immediate picture of market conditions.

Expired listings are historical and indicate what didn’t sell in the past, which isn’t part of the present active supply. Pending listings are under contract and not yet closed, so they aren’t available for new offers and don’t reflect what buyers can actually purchase at the moment. Including all listings would mix active and non-active data, obscuring the current market snapshot.