What is ProspectNow Real Estate Data?
ProspectNow Real Estate Data is one of the data sources that powers Economic Intelligence. It allows users to track and analyze residential real estate transactions, listings, and foreclosures, all critical signals of economic activity. This data is collected by credit and debit cards, and then anonymized and aggregated by ProspectNow.
This data is highly granular, and can be broken down by:
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geography, at the census tract level
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time period, at the monthly level (and refreshed monthly)
When you purchase Economic Intelligence, this data appears in the form of out-of-the-box metrics on your dashboard, pre-configured to get you the most valuable insights about mobility in your community.
Why use ProspectNow Real Estate Data?
In the wake of the COVID-19 pandemic, state and local government leaders face unprecedented challenges in reviving their economies. In order to navigate their recovery and pinpoint economic recovery interventions to the areas most in need, state and local government leaders need granular, timely insights on the contours of economic activity in their jurisdiction. ProspectNow Real Estate Data uniquely allows state and local government leaders to answer questions such as:
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Which communities are experiencing surges or declines in property values? What is driving those changes?
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How does an economic downturn, such as a recession or a pandemic, impact the residential real estate market?
Who uses ProspectNow Real Estate Data?
State and local government executives and their staff are key users of ProspectNow Real Estate Data. As a feature of Economic Intelligence, this data is pre-packaged to allow even the most non-technical audiences to derive value from the data. However, since the data is also available to be exported for ad-hoc analysis, more technical personas can join the dataset with other datasets for advanced analysis.
Key personas include:
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Governor/Mayor/County Executives and their staff
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Policy Director
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Economic Development Director
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Chief Financial Officer
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Community Development Director
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Disaster Recovery Director
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Small Business Services Director
How do I obtain ProspectNow Real Estate Data?
ProspectNow Real Estate Data is only available to Economic Intelligence clients.
Abridged data dictionary
|
Column |
Description |
Data type |
Example |
|
date_range_start |
Start time for monthly measurement period |
Datetime |
Jan 01, 2022 12:00 am |
|
date_range_end |
End time for monthly measurement period |
Datetime |
Feb 01, 2022 12:00 am |
|
region |
State of the business or POI |
String |
IL |
|
state |
2-digit state code |
String |
17 |
|
county_id |
5-digit county code |
String |
84043 |
|
county_name |
County where businesses are located |
String |
Du Page County |
|
census_tract_id |
Census Tract ID where businesses are located |
String |
12345678901 |
|
num_of_transactions |
Total number of commercial real estate transactions within the specified date range |
Number |
7 |
|
total_transaction_value |
Total value of commercial real estate transactions within the specified date range |
Number |
1,939,549 |
|
total_sq_ft |
Start time for the comparable measurement period last year |
Number |
20,549 |
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