Plain-language definitions for the market measures used in this report — and why each one matters when you're shopping.
- Market temperature
- Compares the vehicle supply available in the state with how quickly vehicles have been leaving that market, expressed as an estimated days of supply — lower means supply is tighter relative to that pace. It is not a measure of how long individual listings have been listed, and it is shown only where our market-data provider has enough state-level supply and sales history to support it.
- Buyer leverage
- How much negotiating power you have right now, based on inventory, selling speed, and price movement. Stronger leverage means more room to negotiate.
- Average days on market
- The average number of days the currently listed, unsold vehicles have been on the market. Listings that sit longer can mean more room to negotiate.
- Days of supply
- An estimate from our market-data provider of how long the vehicle supply available in this state would last at the pace vehicles have recently been leaving that market. It is the provider's own calculation, not a division of the listing and sales counts shown on this page. Higher days of supply usually means more choice and more negotiating room.
- Sell-through
- The share of available inventory that sells in a given period. Higher sell-through means cars are moving quickly.
- Dealer sample
- Figures reflect new-vehicle listings observed in our licensed dealer-listings sample. They may not represent every vehicle for sale in the state; figures below our threshold are withheld, not estimated.
- Observed listings
- The number of distinct new vehicles observed in our dealer-listings sample at the latest daily snapshot — not a count of every vehicle for sale in the state.
- Observed
- A measured value taken from observed listings or sales — not modeled.
- Estimated
- A modeled value. It is clearly labeled and never presented as a measured figure.