What does it mean when a sale is marked as “atypical”?
Occasionally a sale will be marked as “atypical” upon inclusion into the database. This notation does not necessarily indicate that the transfer was not an arms-length sale, but does indicate that the sale should be confirmed before using. Typically, two events can trigger the “atypical” tag. Either a party directly involved with the transaction informs us that the price documented on the deed is not the same as the actual price on the settlement sheets, or there is an unusual level of activity in a given area by the same or related buyers and sellers, for significantly different amounts than the area has commanded in the past.
