Property Valuation
A Massachusetts appraiser analyzes the 'market conditions' for a neighborhood report. Key market indicators include:
AOnly listing prices
BDays on market, absorption rate, list-to-sale price ratio, and inventory levels✓ Correct
COnly the assessed value trends
DOnly unemployment statistics
Explanation
Market conditions analysis for appraisal purposes includes quantitative indicators such as days on market, inventory levels (months of supply), sale-to-list price ratios, and absorption rates to determine whether the market is appreciating, declining, or stable.
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