REI Cash Index:
The S&P 500 for Wholesalers.
Stop guessing. We track Cash Transaction data vs. Avg Days To Pending across 2,500+ markets. Find high-cash zones for contract assignments with minimal fallout and identify low-inventory pockets perfect for Novations.
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Wholesalers: Locate cities with high cash volume & low DOM to secure assignment fees.
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Novations: Filter for DOM < 15 days and Months of Inventory (MOI) < 2.
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Market Safety: Avoid softening markets with climbing DOM and fleeing investors.
REI CASH INDEX | DECODED
Speed vs. Supply
Low DOM (Days on Market)
High Liquidity. Properties are moving fast. Investors must have financing ready to compete.
Low Inventory (MOI)
Seller's Market. Lack of supply drives prices up. Focus on off-market deals to find value.
Cash Velocity
Markets with High Cash Sales % indicate heavy investor activity or institutional buying.
- Faster closing timelines.
- Fewer appraisal contingencies.
- Higher "As-Is" acceptance rate.
Sneak Peek: Top 10 REI Cash Markets
Here is a glimpse of the top 10 cities dominating cash flow right now. Notice the correlation between high volume and low Days on Market (DOM).
| Rank | City, State | Cash Sales | Avg Sale Price | DOM |
|---|---|---|---|---|
| #1 | Chicago, Illinois | 5,693 | $308,409 | 18 |
| #2 | Kansas City, Missouri | 3,589 | $251,923 | 7 |
| #3 | St. Louis, Missouri | 6,066 | $187,687 | 9 |
| #4 | Seattle, Washington | 1,252 | $880,401 | 9 |
| #5 | Houston, Texas | 9,821 | $269,422 | 28 |
| #6 | Louisville, Kentucky | 1,847 | $254,731 | 6 |
| #7 | Indianapolis, Indiana | 3,256 | $233,955 | 10 |
| #8 | Las Vegas, Nevada | 4,518 | $435,778 | 28 |
| #9 | Bothell, Washington | 497 | $1,099,137 | 8 |
| #10 | Charlotte, North Carolina | 2,609 | $404,626 | 16 |
Stop Guessing. Start Pivoting.
Zillow tracks retail panic. We track cash investor confidence. If cash buyers are leaving a city, you should too. Historically wholesalers ask their direct competitors (aka friends) what markets are best right now. However, have you ever thought to realize your friend (competitor) might not want to inflate their cost per lead by inviting you into their markets? This data allows you to get an unbiased, unfiltered, raw look into how a market is doing for real estate investors.
The "Silent" Indicators
Retail prices lag behind reality by 60-90 days. Our proprietary data (gathered as we buy off-market deals) shows you the market shift before it hits the MLS.
Shadow Inventory
We track the off-market transaction volume (deals we buy from wholesalers) that Zillow ignores. This is where the real profit margins are hidden.
Pivot Power
Local market tanking? Use our "Pivot Map" to find the nearest city with high liquidity and low inventory.
3 Ways to Exploit This Data for Profit
1. The "Quick Flip" Radar
Identify "Safe Haven" markets where inventory moves in under 20 days. High Cash Activity + Low DOM means you can buy, renovate, and exit before holding costs eat your profit.
- Avoid markets with 60+ day stale inventory.
- Validate ARV with real-time cash comps.
2. The Novation Hunter
Use our "<15 Days to Pending" filter to find cities where retail buyers are desperate. These high-demand, low-inventory pockets are perfect targets for Novation agreements where you can command retail prices.
- Target "Affordability Range" median prices.
- Pitch sellers on "Net More Money" strategies.
3. The Fatigue Warning System
The biggest red flag: High Cash Volume + Rising DOM. This signals a saturated market where inventory from wholesalers is stalling. As cash buyers, we detect this fatigue early so you can protect your dispositions team from dead leads.
- Pivot ad spend away from cooling zones.
- Protect your dispositions team from dead leads.
Behind the Data: Our Methodology
ASAP Cash Offer (we actively buy off-market deals from wholesalers) cross-references proprietary cash transaction data (PropStream API) with real-time MLS absorption rates (Zillow Data) to create a proprietary "Velocity Score." We filter out noise to show you only the actionable liquidity trends in the top 2,500 US metros.
Better Markets. Better Deals.
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Q4 2025 Liquidity Index (CSV).