The Avena Property Price Index: Under the Hood

We monitor 1,881 properties from 127 developers. The index uses a matched-pair methodology comparing asking prices of properties in consecutive periods.

Limitations

Asking prices, not transaction prices. Survivorship bias (best-priced sell first). Geographic coverage limited to coastal regions. New build only.

Data Quality Assurance

Automated outlier detection. Duplicate detection. Stale listing flagging. Cross-validation against notarial transaction data.

Full methodology documentation at avenaterminal.com/about/methodology.