Our market figures are based on a sample of publicly advertised residential asking prices, supplemented by Colombia Bound field research. They are directional observations, not completed transactions.
Our home-price figures use a sample of publicly advertised residential asking prices in the cities we cover, supplemented by Colombia Bound field research. We analyze price, size, bedrooms, neighborhood, and observed advertising period. We never republish an individual third-party listing; we publish only anonymous statistics.
Before a number reaches the site, we clean the data. The same home may be advertised more than once, so we detect and remove likely duplicates. Observations with implausible prices or sizes are discarded. A neighborhood only gets a published figure when enough current observations back it up—if the sample is too small to be meaningful, we show nothing rather than a shaky number.
What we publish is the median — the middle value — for each neighborhood and city, for sales and for rentals, along with how many listings the figure is based on and when it was last updated. Medians resist being dragged around by one luxury penthouse or one bargain, which makes them the honest way to describe a typical home.
Just as important is what these numbers cannot say. They are asking prices — what sellers and landlords want — not final sale prices, appraisals, or registered deeds. Actual negotiated prices are typically somewhat lower. Use our figures to compare neighborhoods and cities and to spot trends; use a professional appraisal before you sign anything.
Property listings displayed for sale are separate from our market-data dataset. Active partner inventory must come from an authorized and traceable source, such as a verified real-estate company, developer, or approved inventory integration. Availability is synchronized or reconfirmed regularly, and a listing is removed when it is no longer active.
