Glossary

Real estate terms used in MercaIndex.

Price per square meter

Asking price divided by the reported square meters. It helps compare properties of different sizes in the same area.

Median

The middle value in a set of ordered prices. It is less sensitive to outliers than the average.

MercaIndex Score

Informational score combining data quality (30%), price position within the exact cohort (35%), and completeness of retained auditable fields (35%). It does not use the description or first-seen date.

Cadastral verification

Informational lookup of public data linked to a parcel. It does not replace a title study or legal advice.

Off-plan property

Pre-construction or future-delivery project. It usually requires more document review before sending money.

For more context on data calculation and updates, read the Methodology.

If you are reviewing a purchase from outside the country, start with the guide to Property verification in the Dominican Republic and the guide to Title verification.

In Spanish, see Property verification, real estate rankings. You can also read the market guides for Punta Cana or Santo Domingo.