We have recently added several resources to assist appraisers with new industry requirements:
- UAD 3.6 Appraisal Reports Tool
- Linear Regression
- Time Period Adjustment
These new tools are designed to help our appraiser members deliver more detailed market analysis than what has historically been available through the 1004MC Market Conditions Addendum.
All three can be accessed from the Tools, Resources & Links widget on the connectMLS home page.
The first link in the widget goes directly to the UAD 3.6 Tool; the other appraisal tools are accessible by clicking the SmartMLS Stats link:
UAD 3.6 Appraisal Reports Tool
Clicking the UAD 3.6 Appraisal Reports Tool link opens the Appraisal Dashboard:
Use the Market Area map to select your desired area. Click the green Select Area button to access the map drawing tools: either Freehand or Click points (polygon shape).
The Search Criteria section lets you get more granular with your search parameters.
The fields in the Market section (Market Area Boundary, Search Criteria Description, Market Commentary) at the top center update automatically as you narrow your search. You can click within each field and adjust the text and/or enter your own.
The Search Result Metrics section (in the center of the screen) reflects the properties that match your market area and search criteria.
Housing Trends (at the bottom of the screen) break down the matching properties into categories based on price.
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If you've clicked the SmartMLS Stats link to access the Linear Regression or Time Period Adjustment reports, go to the Dashboards button in the bottom left:
The Dashboards section opens in its own browser window (there are more than a dozen to choose from!). The new appraisal tools (Linear Regression and Time Period Adjustment) are near the bottom of the screen:
Linear Regression
The Linear Regression tool allows you to view a 12-month trend in the median sale prices for your specified market.
Start off by selecting a desired Zip Code (Note: you can only use one Zip Code at a time when starting the process, but you can add more on the next screen). You can either enter the desired Zip Code in the field at the top of the window or scroll through the list until you find it. Once you have it, click Go:
Once the report opens, you can use the filters in the upper left to narrow your focus based on a handful of criteria, including County, City, ZIP (it autofills from the one you chose at the beginning of the process), Price, Square Footage, Acres, Year Built, Property Type, Style, Beds and Full Baths:
Entering/adjusting criteria in the filters updates the remainder of the screen instantly.
Year-to-date information displays underneath the filters, and a map of your selected area(s) appears in the bottom left. The remainder of the screen is dedicated to displaying the 12-month trend information in a chart:
The red line going across the chart represents the median sales price. Each of the blue dots represents a closed listing. Use the Remove Outliers drop-down menu above the top right of the chart to manually remove any individual listings from your data set that might be skewing the results.
Time Period Adjustment
The Time Period Adjustment tool allows you to easily compare pricing information for two specific time periods from the past two years.
The filters in the upper left allow you to narrow your focus (it uses the same set of fields as the Linear Regression report):
As you enter criteria, the year-to-date information in the bottom left (in orange below) and the bar graphs (in yellow) update in real-time:
Once you have narrowed your focus, use the two bar graphs to select the time periods you'd like to compare. You can select the periods by clicking and dragging across the months/years of interest:
In this scenario, we are comparing July-October 2025 and July-October 2026:
The stats for the two selected time periods will appear to the right of the charts.
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