{
  "edition": "2026-09-19",
  "schema": 4,
  "generatedAt": "2026-09-19T00:03:33.439Z",
  "window": {
    "days": 90,
    "from": "2026-06-21",
    "to": "2026-09-19",
    "basis": "first_observed_by_nofee"
  },
  "thresholds": {
    "minListings": 500,
    "minPortals": 2,
    "maxAgeDays": 7,
    "minPricedFraction": 0.6,
    "medianPrecision": 0.05
  },
  "scope": {
    "reports": [
      "the distribution of ASKING prices among listings we observed, per country",
      "how many distinct listings that distribution rests on",
      "which portals contributed them and in what proportion",
      "how those distributions compare between countries"
    ],
    "never": [
      "what any property is worth",
      "a recommended asking price, for anyone's property or in general",
      "whether a price is high, low, fair or a bargain",
      "a forecast, a trend claim beyond the observed editions, or a transaction price"
    ]
  },
  "notMeasurable": [
    {
      "key": "time_on_market",
      "what": "How long listings sit before disappearing",
      "why": "We observe listings appearing, never being removed, so elapsed time on market is not derivable from this corpus. The figure we could compute would measure when our own subscription started."
    },
    {
      "key": "private_vs_agency",
      "what": "Share of private versus agency listings",
      "why": "Most portals' alert mail does not state whether the advertiser is an owner or an agency, and we do not parse it where it does."
    }
  ],
  "countries": [
    {
      "country": "US",
      "listings": 45584,
      "pricedListings": 45584,
      "portals": [
        {
          "portal": "redfin",
          "sources": 47133,
          "share": 0.9116
        },
        {
          "portal": "realtor-com",
          "sources": 2706,
          "share": 0.0523
        },
        {
          "portal": "zillow",
          "sources": 1864,
          "share": 0.0361
        }
      ],
      "dominantPortalShare": 0.9116,
      "topRegion": "NY",
      "topRegionShare": 0.2507,
      "regionCoverage": 0.9767,
      "areaCoverage": 0.9327,
      "areaListings": 42514,
      "medianAreaSqm": 154.8,
      "medianPricePerSqm": 4615,
      "p25PricePerSqm": 2887,
      "p75PricePerSqm": 7185,
      "implausibleLow": 474,
      "implausibleHigh": 13,
      "implausibleShare": 0.0107,
      "roomsCoverage": 0.9306,
      "roomsListings": 42419,
      "medianRooms": 3,
      "byRooms": {
        "2": {
          "listings": 9219,
          "median": 550000
        },
        "3": {
          "listings": 12248,
          "median": 679000
        },
        "4": {
          "listings": 8445,
          "median": 849000
        }
      },
      "newestAgeDays": 0.002,
      "currency": "USD",
      "asking": {
        "n": 45584,
        "p25": 399990,
        "median": 685000,
        "p75": 1195000,
        "min": 1,
        "max": 2147483647,
        "medianPrecision": 0.0146,
        "medianCiLo": 675009,
        "medianCiHi": 695000
      }
    },
    {
      "country": "GB",
      "listings": 21721,
      "pricedListings": 21699,
      "portals": [
        {
          "portal": "zoopla",
          "sources": 16764,
          "share": 0.5342
        },
        {
          "portal": "onthemarket",
          "sources": 12710,
          "share": 0.405
        },
        {
          "portal": "rightmove",
          "sources": 1909,
          "share": 0.0608
        }
      ],
      "dominantPortalShare": 0.5342,
      "topRegion": "excess of",
      "topRegionShare": 0.0181,
      "regionCoverage": 0.5376,
      "areaCoverage": 0.0001,
      "areaListings": 3,
      "medianAreaSqm": null,
      "medianPricePerSqm": null,
      "p25PricePerSqm": null,
      "p75PricePerSqm": null,
      "implausibleLow": 31,
      "implausibleHigh": 0,
      "implausibleShare": 0.0014,
      "roomsCoverage": 0.9856,
      "roomsListings": 21408,
      "medianRooms": 2,
      "byRooms": {
        "2": {
          "listings": 7799,
          "median": 475000
        },
        "3": {
          "listings": 5373,
          "median": 625000
        },
        "4": {
          "listings": 2629,
          "median": 850000
        }
      },
      "newestAgeDays": 0.008,
      "currency": "GBP",
      "asking": {
        "n": 21698,
        "p25": 390000,
        "median": 550000,
        "p75": 800000,
        "min": 350,
        "max": 37950000,
        "medianPrecision": 0,
        "medianCiLo": 550000,
        "medianCiHi": 550000
      }
    },
    {
      "country": "DE",
      "listings": 6551,
      "pricedListings": 6503,
      "portals": [
        {
          "portal": "immobilienscout24",
          "sources": 4833,
          "share": 0.7376
        },
        {
          "portal": "immowelt",
          "sources": 1719,
          "share": 0.2624
        }
      ],
      "dominantPortalShare": 0.7376,
      "topRegion": "berlin",
      "topRegionShare": 0.7447,
      "regionCoverage": 0.9913,
      "areaCoverage": 0.9699,
      "areaListings": 6354,
      "medianAreaSqm": 72.1,
      "medianPricePerSqm": 5742,
      "p25PricePerSqm": 4446,
      "p75PricePerSqm": 7279,
      "implausibleLow": 0,
      "implausibleHigh": 2,
      "implausibleShare": 0.0003,
      "roomsCoverage": 0.9925,
      "roomsListings": 6502,
      "medianRooms": 3,
      "byRooms": {
        "2": {
          "listings": 2069,
          "median": 318000
        },
        "3": {
          "listings": 1759,
          "median": 493000
        },
        "4": {
          "listings": 818,
          "median": 710000
        }
      },
      "newestAgeDays": 0.044,
      "currency": "EUR",
      "asking": {
        "n": 6503,
        "p25": 269000,
        "median": 399000,
        "p75": 649000,
        "min": 40886,
        "max": 830000000,
        "medianPrecision": 0.01,
        "medianCiLo": 395000,
        "medianCiHi": 400000
      }
    },
    {
      "country": "ES",
      "listings": 5633,
      "pricedListings": 5633,
      "portals": [
        {
          "portal": "fotocasa",
          "sources": 3979,
          "share": 0.6962
        },
        {
          "portal": "idealista",
          "sources": 1736,
          "share": 0.3038
        }
      ],
      "dominantPortalShare": 0.6962,
      "topRegion": null,
      "topRegionShare": null,
      "regionCoverage": 0.4665,
      "areaCoverage": 0.9989,
      "areaListings": 5627,
      "medianAreaSqm": 81,
      "medianPricePerSqm": 5411,
      "p25PricePerSqm": 4038,
      "p75PricePerSqm": 7294,
      "implausibleLow": 9,
      "implausibleHigh": 0,
      "implausibleShare": 0.0016,
      "roomsCoverage": 0.9791,
      "roomsListings": 5515,
      "medianRooms": 3,
      "byRooms": {
        "2": {
          "listings": 1736,
          "median": 385000
        },
        "3": {
          "listings": 2092,
          "median": 430000
        },
        "4": {
          "listings": 669,
          "median": 699000
        }
      },
      "newestAgeDays": 0.044,
      "currency": "EUR",
      "asking": {
        "n": 5633,
        "p25": 275000,
        "median": 410000,
        "p75": 749000,
        "min": 1,
        "max": 8000000,
        "medianPrecision": 0.0293,
        "medianCiLo": 398000,
        "medianCiHi": 420000
      }
    },
    {
      "country": "IL",
      "listings": 4436,
      "pricedListings": 4428,
      "portals": [
        {
          "portal": "onmap",
          "sources": 3281,
          "share": 0.7371
        },
        {
          "portal": "yad2",
          "sources": 393,
          "share": 0.0883
        },
        {
          "portal": "ad-co-il",
          "sources": 366,
          "share": 0.0822
        },
        {
          "portal": "homeless",
          "sources": 309,
          "share": 0.0694
        },
        {
          "portal": "madlan",
          "sources": 102,
          "share": 0.0229
        }
      ],
      "dominantPortalShare": 0.7371,
      "topRegion": "ראשון לציון",
      "topRegionShare": 0.1096,
      "regionCoverage": 1,
      "areaCoverage": 0.913,
      "areaListings": 4050,
      "medianAreaSqm": 102,
      "medianPricePerSqm": 23625,
      "p25PricePerSqm": 16490,
      "p75PricePerSqm": 31481,
      "implausibleLow": 153,
      "implausibleHigh": 5,
      "implausibleShare": 0.0357,
      "roomsCoverage": 0.9892,
      "roomsListings": 4388,
      "medianRooms": 4,
      "byRooms": {
        "2": {
          "listings": 242,
          "median": 1530000
        },
        "3": {
          "listings": 936,
          "median": 1800000
        },
        "4": {
          "listings": 1279,
          "median": 2290000
        }
      },
      "newestAgeDays": 0.158,
      "currency": "ILS",
      "asking": {
        "n": 4425,
        "p25": 1690000,
        "median": 2390000,
        "p75": 3700000,
        "min": 1500,
        "max": 1111111111111111,
        "medianPrecision": 0.0293,
        "medianCiLo": 2320000,
        "medianCiHi": 2450000
      }
    }
  ],
  "excluded": [
    {
      "country": "BE",
      "listings": 25261,
      "pricedListings": 25261,
      "portals": [
        {
          "portal": "immoweb",
          "sources": 25261,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "9000 gent",
      "topRegionShare": 0.0377,
      "regionCoverage": 0.9839,
      "areaCoverage": 0.8616,
      "areaListings": 21766,
      "medianAreaSqm": 143,
      "medianPricePerSqm": 2230,
      "p25PricePerSqm": 1246,
      "p75PricePerSqm": 3103,
      "implausibleLow": 5436,
      "implausibleHigh": 0,
      "implausibleShare": 0.2152,
      "roomsCoverage": 0.9604,
      "roomsListings": 24260,
      "medianRooms": 3,
      "byRooms": {
        "2": {
          "listings": 6439,
          "median": 225000
        },
        "3": {
          "listings": 7884,
          "median": 359000
        },
        "4": {
          "listings": 3984,
          "median": 445000
        }
      },
      "newestAgeDays": 0.002,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "GR",
      "listings": 6264,
      "pricedListings": 6264,
      "portals": [
        {
          "portal": "spitogatos-gr",
          "sources": 6264,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "plateia attikis (attiki)",
      "topRegionShare": 0.0328,
      "regionCoverage": 0.9679,
      "areaCoverage": 0.999,
      "areaListings": 6258,
      "medianAreaSqm": 71,
      "medianPricePerSqm": 2468,
      "p25PricePerSqm": 1830,
      "p75PricePerSqm": 3412,
      "implausibleLow": 5,
      "implausibleHigh": 0,
      "implausibleShare": 0.0008,
      "roomsCoverage": 0,
      "roomsListings": 0,
      "medianRooms": null,
      "byRooms": {},
      "newestAgeDays": 0.08,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "EE",
      "listings": 6051,
      "pricedListings": 5991,
      "portals": [
        {
          "portal": "kv-ee",
          "sources": 8952,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": null,
      "topRegionShare": null,
      "regionCoverage": 0.1395,
      "areaCoverage": 0.9536,
      "areaListings": 5770,
      "medianAreaSqm": 49.2,
      "medianPricePerSqm": 2474,
      "p25PricePerSqm": 18,
      "p75PricePerSqm": 3579,
      "implausibleLow": 1879,
      "implausibleHigh": 0,
      "implausibleShare": 0.3136,
      "roomsCoverage": 0.9902,
      "roomsListings": 5992,
      "medianRooms": 2,
      "byRooms": {
        "2": {
          "listings": 2433,
          "median": 99000
        },
        "3": {
          "listings": 1742,
          "median": 163000
        },
        "4": {
          "listings": 550,
          "median": 259900
        }
      },
      "newestAgeDays": 0.02,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "FI",
      "listings": 3107,
      "pricedListings": 3100,
      "portals": [
        {
          "portal": "oikotie",
          "sources": 3107,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "helsinki",
      "topRegionShare": 0.9968,
      "regionCoverage": 1,
      "areaCoverage": 0.9987,
      "areaListings": 3103,
      "medianAreaSqm": 66,
      "medianPricePerSqm": 4955,
      "p25PricePerSqm": 3197,
      "p75PricePerSqm": 6699,
      "implausibleLow": 15,
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      "implausibleShare": 0.0048,
      "roomsCoverage": 0.9977,
      "roomsListings": 3100,
      "medianRooms": 3,
      "byRooms": {
        "2": {
          "listings": 948,
          "median": 245000
        },
        "3": {
          "listings": 922,
          "median": 328000
        },
        "4": {
          "listings": 576,
          "median": 419000
        }
      },
      "newestAgeDays": 0.033,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "PL",
      "listings": 3062,
      "pricedListings": 3062,
      "portals": [
        {
          "portal": "nieruchomosci-online",
          "sources": 3062,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "mazowieckie",
      "topRegionShare": 1,
      "regionCoverage": 1,
      "areaCoverage": 1,
      "areaListings": 3062,
      "medianAreaSqm": 49.7,
      "medianPricePerSqm": 17182,
      "p25PricePerSqm": 14805,
      "p75PricePerSqm": 20000,
      "implausibleLow": 0,
      "implausibleHigh": 0,
      "implausibleShare": 0,
      "roomsCoverage": 0.9967,
      "roomsListings": 3052,
      "medianRooms": 2,
      "byRooms": {
        "2": {
          "listings": 1303,
          "median": 740000
        },
        "3": {
          "listings": 974,
          "median": 945000
        },
        "4": {
          "listings": 335,
          "median": 1323346
        }
      },
      "newestAgeDays": 0.063,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "NL",
      "listings": 1200,
      "pricedListings": 1200,
      "portals": [
        {
          "portal": "pararius",
          "sources": 696,
          "share": 0.58
        },
        {
          "portal": "funda",
          "sources": 504,
          "share": 0.42
        }
      ],
      "dominantPortalShare": 0.58,
      "topRegion": "leidseweg)",
      "topRegionShare": 0.0083,
      "regionCoverage": 1,
      "areaCoverage": 0.9983,
      "areaListings": 1198,
      "medianAreaSqm": 72,
      "medianPricePerSqm": 41,
      "p25PricePerSqm": 27,
      "p75PricePerSqm": 7727,
      "implausibleLow": 0,
      "implausibleHigh": 478,
      "implausibleShare": 0.3983,
      "roomsCoverage": 1,
      "roomsListings": 1200,
      "medianRooms": 3,
      "byRooms": {
        "2": {
          "listings": 304,
          "median": 6000
        },
        "3": {
          "listings": 507,
          "median": 2900
        },
        "4": {
          "listings": 211,
          "median": 3500
        }
      },
      "newestAgeDays": 0.665,
      "reasons": [
        "mixed_deal_types"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      },
      "mixedDealTypes": {
        "mixed": true,
        "rentShaped": 684,
        "saleShaped": 504,
        "rentShare": 0.57,
        "saleShare": 0.42
      }
    },
    {
      "country": "PT",
      "listings": 1077,
      "pricedListings": 1077,
      "portals": [
        {
          "portal": "casa-sapo",
          "sources": 1080,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": null,
      "topRegionShare": null,
      "regionCoverage": 0.3918,
      "areaCoverage": 0.9601,
      "areaListings": 1034,
      "medianAreaSqm": 95.1,
      "medianPricePerSqm": 6190,
      "p25PricePerSqm": 5278,
      "p75PricePerSqm": 7241,
      "implausibleLow": 2,
      "implausibleHigh": 0,
      "implausibleShare": 0.0019,
      "roomsCoverage": 0.9666,
      "roomsListings": 1041,
      "medianRooms": 2,
      "byRooms": {
        "2": {
          "listings": 339,
          "median": 495000
        },
        "3": {
          "listings": 371,
          "median": 599900
        }
      },
      "newestAgeDays": 0.166,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "CH",
      "listings": 854,
      "pricedListings": 772,
      "portals": [
        {
          "portal": "homegate",
          "sources": 854,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "8810 horgen",
      "topRegionShare": 0.0293,
      "regionCoverage": 0.9988,
      "areaCoverage": 0.9157,
      "areaListings": 782,
      "medianAreaSqm": 175,
      "medianPricePerSqm": 10750,
      "p25PricePerSqm": 8778,
      "p75PricePerSqm": 13056,
      "implausibleLow": 0,
      "implausibleHigh": 0,
      "implausibleShare": 0,
      "roomsCoverage": 0.9192,
      "roomsListings": 785,
      "medianRooms": 5.5,
      "byRooms": {},
      "newestAgeDays": 0.148,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "HU",
      "listings": 745,
      "pricedListings": 745,
      "portals": [
        {
          "portal": "ingatlan-com",
          "sources": 745,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "(angyalföld)",
      "topRegionShare": 0.0443,
      "regionCoverage": 1,
      "areaCoverage": 1,
      "areaListings": 745,
      "medianAreaSqm": 37,
      "medianPricePerSqm": 1414286,
      "p25PricePerSqm": 1164286,
      "p75PricePerSqm": 1625000,
      "implausibleLow": 0,
      "implausibleHigh": 0,
      "implausibleShare": 0,
      "roomsCoverage": 1,
      "roomsListings": 745,
      "medianRooms": 1,
      "byRooms": {
        "2": {
          "listings": 196,
          "median": 56900000
        }
      },
      "newestAgeDays": 0.297,
      "reasons": [
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "HR",
      "listings": 486,
      "pricedListings": 486,
      "portals": [
        {
          "portal": "njuskalo-hr",
          "sources": 486,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "prodaja",
      "topRegionShare": 0.0928,
      "regionCoverage": 0.9979,
      "areaCoverage": 0.6831,
      "areaListings": 332,
      "medianAreaSqm": 61.4,
      "medianPricePerSqm": 4124,
      "p25PricePerSqm": 3574,
      "p75PricePerSqm": 5100,
      "implausibleLow": 13,
      "implausibleHigh": 0,
      "implausibleShare": 0.0267,
      "roomsCoverage": 0.4897,
      "roomsListings": 238,
      "medianRooms": null,
      "byRooms": {},
      "newestAgeDays": 0.793,
      "reasons": [
        "too_few_listings",
        "too_few_portals"
      ],
      "needs": {
        "minListings": 500,
        "minPortals": 2,
        "maxAgeDays": 7,
        "minPricedFraction": 0.6
      }
    },
    {
      "country": "DK",
      "listings": 442,
      "pricedListings": 442,
      "portals": [
        {
          "portal": "boligsiden-dk",
          "sources": 442,
          "share": 1
        }
      ],
      "dominantPortalShare": 1,
      "topRegion": "2300 københavn s",
      "topRegionShare": 0.0656,
      "regionCoverage": 1,
      "areaCoverage": 0.991,
      "areaListings": 438,
      "medianAreaSqm": 120,
      "medianPricePerSqm": 35326,
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