Overview
The Land Insights Data section provides key metrics used to analyze land market activity, pricing trends, and market efficiency over time. These metrics are derived from active listings, pending contracts, and historical sales data and are segmented by multiple time ranges to support short- and long-term market analysis.
This article defines each data label and explains how it should be interpreted.
Inventory & Market Activity Metrics
Active
Definition: Total quantity of land parcels currently listed for sale.
Pending
Definition: Total quantity of land parcels currently under contract.
Sold Metrics
Sold: 1mo: Number of land parcels sold in the last 1 month
Sold: 3mo: Number of land parcels sold in the last 3 months
Sold: 6mo: Number of land parcels sold in the last 6 months
Sold: 1yr: Number of land parcels sold in the last 12 months
Supply Turnover Ratios (STR)
Supply Turnover Ratio (STR) measures how quickly inventory is being absorbed relative to active supply.
Pending STR: Pending ÷ Active
1mo STR: Sold (last 1 month) ÷ Active
3mo STR: Sold (last 3 months) ÷ Active
6mo STR: Sold (last 6 months) ÷ Active
1yr STR: Sold (last 12 months) ÷ Active
Interpretation:
Higher STR values indicate faster-moving markets.
Lower STR values suggest slower demand or excess inventory.
Days on Market (DOM)
Average number of days a listing takes to sell.
Avg DOM 1mo: Average days on market for land sold in the last 1 month
Avg DOM 3mo: Average days on market for land sold in the last 3 months
Avg DOM 6mo: Average days on market for land sold in the last 6 months
Avg DOM 1yr: Average days on market for land sold in the last 12 months
Price Metrics
Median Sales Price
Median Price 1mo: Median sale price of land sold in the last 1 month
Median Price 3mo: Median sale price of land sold in the last 3 months
Median Price 6mo: Median sale price of land sold in the last 6 months
Median Price 1yr: Median sale price of land sold in the last 12 months
Current Market Pricing
Median Active Price: Median list price of land currently for sale
Median Pending Price: Median price of land currently under contract
Acreage Metrics
Median Active Acreage: Median acreage of land currently listed for sale
Median Pending Acreage: Median acreage of land currently under contract
Median Sold Acreage: Median acreage of land sold in the last 12 months
Price Per Acre (PPA) Metrics
Median PPA
Median Active PPA: Median price per acre of active listings
Median Pending PPA: Median price per acre of pending listings
Median Sold PPA: Median price per acre of land sold in the last 12 months
PPA Extremes (Current Market)
Active PPA Min: Lowest price per acre among active listings
Active PPA Max: Highest price per acre among active listings
Pending PPA Min: Lowest price per acre among pending listings
Pending PPA Max: Highest price per acre among pending listings
Historical PPA Ranges
Price-per-acre ranges based on sold data:
PPA Range 1mo Min / Max: Lowest and highest PPA sold in the last 1 month
PPA Range 3mo Min / Max: Lowest and highest PPA sold in the last 3 months
PPA Range 6mo Min / Max: Lowest and highest PPA sold in the last 6 months
PPA Range 1yr Min / Max: Lowest and highest PPA sold in the last 12 months
Gini Index (Price Distribution)
What the Gini Index Measures
The Gini Index quantifies how evenly prices per acre (PPA) are distributed within a dataset.
0: Perfect equality (all PPAs are similar)
100: Perfect inequality (large variance in PPAs)
Key Notes:
Lower Gini values indicate more homogeneous pricing.
Higher Gini values indicate wider pricing dispersion.
Gini is most effective when analyzing narrow acreage bands (e.g., 1–2 acres or 10–20 acres).
Gini Metrics by Timeframe
Gini 1mo: Gini index of sold PPA in the last 1 month
Gini 3mo: Gini index of sold PPA in the last 3 months
Gini 6mo: Gini index of sold PPA in the last 6 months
Gini 1yr: Gini index of sold PPA in the last 12 months
Summary
Land Insights metrics provide a comprehensive view of:
Market supply and demand
Sales velocity
Pricing trends
Price consistency within acreage ranges
Together, these data points support informed pricing, acquisition, and market strategy decisions.
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