Privy has four Status categories in our Property Search Filter, simplifying property searches and deal analysis. These statuses—Active, Under Contract, Pending, and Sold—help investors quickly assess a property's availability and investment potential.
Privy Property Status Categories
Privy standardizes MLS statuses into four main categories to ensure consistency across different markets:
Active
A property listed as Active is available for sale. This means:
The seller is accepting offers.
There is no binding contract in place with a buyer.
Showings are still being scheduled.
The property may receive multiple offers.
Tip: Act quickly on Active listings, as they can receive offers at any time.
Under Contract
A property is marked as Under Contract when the seller has accepted an offer, but the sale is not final. Some MLSs refer to this as Contingent.
The sale is pending certain conditions (e.g., inspections, financing, or appraisal).
The deal could still fall through if contingencies are not met.
Some sellers may accept backup offers in case the current deal does not close.
Pending
A Pending status means the property is in the final stages of the transaction.
All contingencies have been met.
The buyer and seller are finalizing paperwork and preparing to close.
The sale is unlikely to fall through.
Showings and new offers are typically no longer accepted.
Sold
A Sold status means the transaction is complete.
The buyer has officially taken ownership.
The sale price is recorded in the MLS (if publicly disclosed).
The listing is no longer active or available for purchase.
Where to See Statuses in Privy
You will also see these statuses under the comparables on the property's LiveCMA™.
Statuses are available in the Property Search Filter, allowing you to refine searches based on property availability.
Each MLS is different, and depending on the MLS, they could have up to 10 different statuses.
Privy categorizes listings using the closest matching status to simplify searches and improve usability.