The Parcl Labs Price Feed (PLPF) is the only residential real estate price indicator in the world that updates daily and is available at any geographical level. The PLPF provides users with a simple metric — price per square foot — to assess changes in prices across markets in the USA and, soon, globally.
Parcl Labs designed the PLPF to address fundamental challenges in the current state of residential real estate data, such as lagged indicators, incomplete information, and obscure methodologies. Unlike other indexes that measure real estate changes, the PLPF includes all property and sales types and is based on diverse data sources that are cleaned and processed in a systematic and standardized way.
At Parcl Labs, we are on a mission to set the global standard for residential real estate data. We believe that our users deserve access to timely and accurate analysis, grounded in a rigorous and clear methodology. By providing a comprehensive and transparent solution, the PLPF not only addresses present challenges but also aspires to shape the future landscape of the real estate information ecosystem.
Click the link below to read more about our methodology in the Parcl Labs Price Feed Whitepaper. You can also access the PLPF for your market today by signing up for our API here.