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Citywide figures still have some value as context. I wouldn’t throw them out entirely; I’d use them to see whether the neighbourhood results move with or against the broader market. A local pattern that persists while the citywide mix stays stable would be especially informative.

New-listing volume matters too. If many comparable studios entered during the measurement period, longer marketing times and cuts might reflect competition rather than weaker demand. Conversely, withdrawn stock can make the remaining listings look healthier. A simple weekly count of new...