Observed Metric 

Calculation Logic

Comp Score

Current Comp Score

Distance

Static (Does not change with time frame)

Year Built

Static (Does not change with time frame)

Property Class

Static (Does not change with time frame)

Total Units

Static (Does not change with time frame)

Property Type

Static (Does not change with time frame)

Management Company

Static (Does not change with time frame)

Reviews

Static (Does not change with time frame)

Rent

Average rent value of available units over the configured time period

NER

Average NER value of available units over the configured time period

Rent Per SQFT

Average rent per SQFT value of available units over the configured time period

NER Per SQFT

Average NER per SQFT value of available units over the configured time period

All In Rent

Average total monthly leasing price a renter pays with fees factored into the gross rent.

SQFT

Average SQFT value of available units over the configured time period

Concessions

Average concession value of available units over the configured time period

Concession %

The percentage of the average concession value relative to the gross rent for the selected time period. 

Concession Details

Static (Does not change with time frame)

Calculated Metric 

Calculation Logic

Advertised Occupancy %

Average Advertised Occupancy value of the property over the configured time period

Leased %

Percentage of active leases, including upcoming move in dates, for the selected timeframe.

Pre Leased %

Percentage of active leases, excluding on notice units, for the selected time frame

Exposure %

Percent of the property’s total units that are available for rent

Exposure % (Next 30 Days)

Percent of the property’s total units that are available for rent in the next 30 days based on the selected time period.

Exposure % (Next 60 Days)

Percent of the property’s total units that are available for rent in the next 60 days based on the selected time period.

Vacant Units

Sum of all units vacant for the selected time period.

Available Units

Sum of all units available for the selected time period.

New Available Units (Last 7 Days)

Static (Does not change with time frame)

New Available Units (Last 30 Days)

Static (Does not change with time frame)

New Available Units per Week (Last 4 Weeks)

Static (Does not change with time frame)

New Available Units (Total)

Total number of units that became available during the selected timeframe. 

Applications (Last 7 Days)

Static (Does not change with time frame)

Cancels (Last 7 Days)

Static (Does not change with time frame)

Cancels (Last 30 Days)

Static (Does not change with time frame)

Cancels (Total)

Total number of applications that resulted in a re-listed unit during the selected time frame. 

Cancel % (Last 7 Days)

Static (Does not change with time frame)

Cancel % (Last 30 Days)

Static (Does not change with time frame)

Cancel % (Total)

Percentage of applications that resulted in re-listed unit for the selected time frame. 

Re-listed Units (Last 7 days)

Static (Does not change with time frame)

Re-listed Units (Last 30 days)

Static (Does not change with time frame)

Re-Listed (Total)

Units re-posted to the website during the selected time frame.

Leases (Last 7 Days)

Static (Does not change with time frame)

Leases (Last 30 Days)

Static (Does not change with time frame)

Leases per Week (Last 4 Weeks)

Static (Does not change with time frame)

Leases (Total)

Total number of units de-listed and now converted from an application into a lease during the selected time frame.