0.8.0 (May 26, 2023)

• Introduce 8 Texas markets to API
• Introduce listings/<parcl_id>/current_new endpoint
• Introduce listings/<parcl_id>/history_new endpoint
• Introduce listings/<parcl_id>/history endpoint
• Add market_state to absorption rate endpoint
• Introduce absorption/<parcl_id>/history endpoint
• Add the following argument parameters to historical endpoints: order, start, end

Introduce 8 Texas markets to API

As part of this update, we are excited to introduce eight new markets in Texas for all endpoints (price feeds, listings, financial metrics etc.). These new markets are located in Texas, a non-disclosure state that makes it difficult to find reliable real estate pricing information. Parcl Labs has cracked the case and unlocked price feeds for Texas.

Introduce Current New Listings Endpoint

Introducing a new endpoint, accessible at https://api.realestate.parcllabs.com/v1/listings/:parclId/current_new

The listings endpoint return the number of unique new homes listed in the last 30 days (from the date) for
any given :parclId. The current endpoint returns the most recent listings data available.

This differs from the https://api.realestate.parcllabs.com/v1/listings/:parclId/current as current_new refers to new listings available in the last 30 days vs. current active listings in the last 30 days

The Listings Current New response object:

{
    "parcl_id": 2900187,
    "listings": {
        "date": "2023-05-16",
        "new_listings_rolling_30_day": 13257
    }
}

Introduce New Listings History Endpoint

Introducing a new endpoint, accessible at https://api.realestate.parcllabs.com/v1/listings/:parclId/history_new

This endpoint is a historical view of the Listings New Current endpoint. It returns the number of unique new homes listed in the last 30 days from the returned date for a specified :parclId. The start date of new listings historical data varies by :parclId.

The Listings History New response object:

{
    "parcl_id": 2900187,
    "historical_listings": [
        {
            "date": "2023-05-04",
            "new_listings_rolling_30_day": 14103
        },
        {
            "date": "2023-05-03",
            "new_listings_rolling_30_day": 13871
        },
        {
            "date": "2023-05-02",
            "new_listings_rolling_30_day": 13406
        },
        {
            "date": "2023-05-01",
            "new_listings_rolling_30_day": 13272
        }
    ]
}

Introduce Active Listings History Endpoint

Introducing a new endpoint, accessible at https://api.realestate.parcllabs.com/v1/listings/:parclId/history

This endpoint is a historical view of the Listings Current endpoint. It returns the number of unique active homes listed in the last 30 days from the returned date for a specified :parclId. The start date of active listings historical data varies by :parclId.

The Listings History response object:

{
    "parcl_id": 2900187,
    "historical_listings": [
        {
            "date": "2023-05-04",
            "listings_30_day": 51691
        },
        {
            "date": "2023-05-03",
            "listings_30_day": 51531
        },
        {
            "date": "2023-05-02",
            "listings_30_day": 50269
        },
        {
            "date": "2023-05-01",
            "listings_30_day": 50119
        }
    ]
}

Add Market State to Absorption Rate Endpoints

Absorption Rate endpoints will now include a market_state in the response object. This will explicitly state if the market is a buyer or sellers market based on the absorption rate value.

Sample Absorption Current Response

{
    "parcl_id": 2900187,
    "absorption_rate": {
        "date": "2023-05-18",
        "absorption_rate": 0.21,
        "market_state": "sellers_market"
    }
}

Introduce Absorption Rate History Endpoint

Introducing a new endpoint, accessible at https://api.realestate.parcllabs.com/v1/absorption/:parclId/history

This endpoint is a historical view of the Absorption Current endpoint. It returns the absorption rate (homes sold over past 30 days from date / available homes over past 30 days from date) from the returned date for a specified :parclId. The start date of absorption rate historical data varies by :parclId.

The Absorption History response object:

{
    "parcl_id": 2900187,
    "historical_absorption_rate": [
        {
            "date": "2023-01-05",
            "absorption_rate": 0.4,
            "market_state": "sellers_market"
        },
        {
            "date": "2023-01-04",
            "absorption_rate": 0.4,
            "market_state": "sellers_market"
        },
        {
            "date": "2023-01-03",
            "absorption_rate": 0.4,
            "market_state": "sellers_market"
        },
        {
            "date": "2023-01-02",
            "absorption_rate": 0.38,
            "market_state": "sellers_market"
        },
        {
            "date": "2023-01-01",
            "absorption_rate": 0.38,
            "market_state": "sellers_market"
        }
    ]
}