Bright MLS

In an analysis of its own MLS data, Bright MLS, the second largest MLS in the nation, found that properties marketed and sold through the MLS fetched a median premium of 13.0 percent compared with homes that sold without the MLS. In the study, which measured homes sold in MLS’s Mid-Atlantic footprint between January 2019 through March 2022, Bright MLS found that 83.4 percent of all sales in its market came through the MLS. The study also included an analysis of office exclusives. Of the 5,599 listings marketed as office exclusives between April 2021 and December 2021, 63.0 percent eventually were sold on the MLS. In addition, selling on the MLS, the study found, brought a 22.2 percent premium compared to office exclusives not sold on the MLS.