Hi Mk, I would go with the "RE Agent", but I have a few caveats:
"Apples to Apples..."
If you are trying to place your finger on the pulse of an area I advise my clients to research a subset of the market by specifying search criteria matching either their existing home (if selling) or their "target Home" (if purchasing). This way, the data that is uncovered is individually meaningful.
A Comparative Market Analysis gives you the best representation of market activity/direction - for the specific property details you search on (isn't this what you really want?). I personally feel median and average-based information is great for trying to appear well informed at parties on a macro level, but in my opinion these measures are meaningless for targeted selling/purchasing and advising a client. Given that a â€œmedianâ€ is defined as â€œthe number separating the higher half of a sample from the lower halfâ€, this measure, as well as Average-based measures, have no regard for any of the specifics you may be searching for and can be skewed by segments of market activity that do not match your individual situation. If you need useful and actionable information, identify a Realtor to work with and start drilling down into the specifics of your target criteria/area via the use of Comparative Market Analysis reports.
â€œYes, No, Maybe..â€
In regards to Trulia, Trulia has negotiated direct-feed agreements with many Assoc. of Realtor MLS systems. Barring this agreement, Realtors may elect to manually load listing info (not all do). Some Realtors who do load data on Trulia remove the listing once sold, and others do change the status to sold when a purchase has been completed. While Realtor.com loads ALL listings from ALL Assoc. of Realtors MLS systems automatically, once a property goes to "pending" it will not show. In a nutshell, your best source for up-to-the-minute information is a Realtor.
Best Regards, Steve