Python SDK for ParclLabs API


Keywords
analytics, api, parcllabs, real, estate
License
Other
Install
pip install parcllabs==0.1.9

Documentation

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Welcome to the Offical Parcl Labs Python SDK

The Parcl Labs API provides instant insights into the U.S. housing market, delivering data on housing supply, sales, listings, rentals, investor activities, and market trends.

The most complete picture of US residential real estate

Category Coverage
Property Types 🏘️ All Residential Assets:
βœ… Single Family
βœ… Townhouses
βœ… Condos
βœ… Other
Markets πŸ‡ΊπŸ‡Έ Complete National Coverage, 70k+ Unique Markets at Any Level of Granularity:
βœ… Regions
βœ… States
βœ… Metros
βœ… Cities
βœ… Counties
βœ… Towns
βœ… Zips
βœ… Census Places
Housing Events πŸ”„ The Full Property Lifecycle:
βœ… Sales
βœ… For Sale Listings
βœ… Rentals

Examples

We maintain a repository of examples that demonstrate how to use the Parcl Labs API for analysis. You can find the examples in the Parcl Labs Examples

Getting Started

Step 1. Sign Up for an API Key

To use the Parcl Labs API, you need an API key. To get an API key, sign up at ParclLabs. In the subsequent examples, the API key is stored in the PARCLLABS_API_KEY environment variable.

Step 2. Installation

You can install the package via pip:

pip install parcllabs

Step 3. Usage

The ParclLabsClient class is the entry point to the Parcl Labs API. You can use the client to access methods that allow you to retrieve and analyze data from the Parcl Labs API. You'll need to pass in your API key when you create an instance of the ParclLabsClient class.

import os

from parcllabs import ParclLabsClient


api_key = os.getenv('PARCL_LABS_API_KEY')
client = ParclLabsClient(api_key)

Search

Search is your entry point into finding one or many of over 70,000 markets in the United States. You can search for markets by name, state, region, fips, or zip code. You can also search for markets by their unique parcl_id.

Search Markets
# get top 2 metros by population
markets = client.search.markets.retrieve(
        location_type='CBSA',
        sort_by='TOTAL_POPULATION',
        sort_order='DESC',
        limit=2
)
# top 2 metros based on population. We will use these markets to query other services in the remainder of this readme
top_market_parcl_ids = markets['parcl_id'].tolist()
# parcl_id country  geoid state_fips_code                                   name state_abbreviation region location_type  total_population  median_income  parcl_exchange_market  pricefeed_market  case_shiller_10_market  case_shiller_20_market
#  2900187     USA  35620            None  New York-Newark-Jersey City, Ny-Nj-Pa               None   None          CBSA          19908595          93610                      0                 1                       1                       1
#  2900078     USA  31080            None     Los Angeles-Long Beach-Anaheim, Ca               None   None          CBSA          13111917          89105                      0                 1                       1                       1

Services

Services are the core of the Parcl Labs API. They provide access to a wide range of data and analytics on the housing market. The services are divided into the following categories: Price Feeds, Rental Market Metrics, For Sale Market Metrics, Market Metrics, Investor Metrics, and Portfolio Metrics.

Price Feeds

The Parcl Labs Price Feed (PLPF) is a daily-updated, real-time indicator of residential real estate prices, measured by price per square foot, across select US markets.

The Price Feeds category allows you to access our daily-updated PLPF and derivative metrics, such as volatility.

Price Feed

Gets the daily price feed for a specified parcl_id.

Price Feed Volatility

Gets the daily price feed volatility for a specified parcl_id.

Rental Price Feed

Gets the daily updated Parcl Labs Rental Price Feed for a given parcl_id.

# get 2 price feeds trading on the Parcl Exchange
pricefeed_markets = client.search.markets.retrieve(
        sort_by='PARCL_EXCHANGE_MARKET', # use PRICEFEED_MARKET for all price feed markets
        sort_order='DESC',
        limit=2
)
# top 2 metros based on population. We will use these markets to query other services in the remainder of this readme
pricefeed_ids = pricefeed_markets['parcl_id'].tolist()
start_date = '2024-06-01'
end_date = '2024-06-05'

price_feeds = client.price_feed.price_feed.retrieve(
    parcl_ids=pricefeed_ids,
    start_date=start_date,
    end_date=end_date
)
rental_price_feeds = client.price_feed.rental_price_feed.retrieve(
    parcl_ids=pricefeed_ids,
    start_date=start_date,
    end_date=end_date
)
price_feed_volatility = client.price_feed.volatility.retrieve(
    parcl_ids=pricefeed_ids,
    start_date=start_date,
    end_date=end_date
)

# want to save to csv? Use .to_csv method as follow:
# price_feeds.to_csv('price_feeds.csv', index=False)
# rental_price_feeds.to_csv('rental_price_feeds.csv', index=False)
# price_feed_volatility.to_csv('price_feed_volatility.csv', index=False)

Rental Market Metrics

Gross Yield

Gets the percent gross yield for a specified parcl_id. At the market level, identified by parcl_id, gross yield is calculated by dividing the annual median rental incomeβ€”derived from multiplying the monthly median new rental listing price by 12β€”by its median new listings for sale price.

Rental Units Concentration

Gets the number of rental units, total units, and percent rental unit concentration for a specified parcl_id.

New Listings for Rent Rolling Counts

Gets weekly updated rolling counts of newly listed for rent properties, segmented into 7, 30, 60, and 90 day periods ending on a specified date, based on a given parcl_id.

Get all rental market metrics
start_date = '2024-04-01'
end_date = '2024-04-01'

results_rental_units_concentration = client.rental_market_metrics.rental_units_concentration.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results_gross_yield = client.rental_market_metrics.gross_yield.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

rentals_new_listings_rolling_counts = client.rental_market_metrics.new_listings_for_rent_rolling_counts.retrieve(
        parcl_ids=top_market_parcl_ids
    )

For Sale Market Metrics

New Listings Rolling Counts

Gets weekly updated rolling counts of newly listed for sale properties, segmented into 7, 30, 60, and 90 day periods ending on a specified date, based on a given parcl_id.

For Sale Inventory

Gets the weekly updated current count of total inventory listed on market for sale, based on a specified parcl_id . The data series for the for sale inventory begins on September 1, 2022 (2022-09-01).

For Sale Inventory Price Changes

Gets weekly updated metrics on the price behavior of current for sale inventory, based on a specified parcl_id. Available metrics include the count of price changes, count of price drops, median days between price changes, median price change, and the percentage of inventory with price changes. The data series for the for sale inventory metrics begins on September 1, 2022 (2022-09-01).

Get all for sale market metrics
start_date = '2024-04-01'
end_date = '2024-04-01'
property_type = 'single_family'

results_for_sale_new_listings = client.for_sale_market_metrics.new_listings_rolling_counts.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date,
    property_type=property_type
)

for_sale_inventory = client.for_sale_market_metrics.for_sale_inventory.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

for_sale_inventory_price_changes = client.for_sale_market_metrics.for_sale_inventory_price_changes.retrieve(
        parcl_ids=top_market_parcl_ids,
        start_date=start_date,
        end_date=end_date,
    )

Market Metrics

Housing Event Counts

Gets monthly counts of housing events, including sales, new sale listings, and new rental listings, based on a specified parcl_id.

Housing Stock

Gets housing stock for a specified parcl_id. Housing stock represents the total number of properties, broken out by single family homes, townhouses, and condos.

Housing Event Prices

Gets monthly statistics on prices for housing events, including sales, new for-sale listings, and new rental listings, based on a specified parcl_id.

Housing Event Property Attributes

Gets monthly statistics on the physical attributes of properties involved in housing events, including sales, new for sale listings, and new rental listings, based on a specified parcl_id.

All Cash

Gets monthly counts of all cash transactions and their percentage share of total sales, based on a specified parcl_id.

Get all market metrics
start_date = '2024-01-01'
end_date = '2024-04-01'

results_housing_event_prices = client.market_metrics.housing_event_prices.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results_housing_stock = client.market_metrics.housing_stock.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results_housing_event_counts = client.market_metrics.housing_event_counts.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

housing_event_property_attributes = client.market_metrics.housing_event_property_attributes.retrieve(
        parcl_ids=top_market_parcl_ids,
        start_date=start_date,
        end_date=end_date
)

results_all_cash = client.market_metrics.all_cash.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

New Construction Metrics

Housing Event Counts

Gets monthly counts of new construction housing events, including sales, new for sale listings, and new rental listings, based on a specified parcl_id.

Housing Event Prices

Gets monthly median prices for new construction housing events, including sales, new for sale listings, and new rental listings, based on a specified parcl_id.

Get all new construction metrics
start_date = '2024-01-01'
end_date = '2024-04-01'

results_new_construction_housing_event_prices = client.new_construction_metrics.housing_event_prices.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results_new_construction_housing_event_counts = client.new_construction_metrics.housing_event_counts.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

Investor Metrics

Housing Event Counts

Gets monthly counts of investor housing events, including acquisitions, dispositions, new sale listings, and new rental listings, based on a specified parcl_id.

Purchase to Sale Ratio

Gets the monthly investor purchase to sale ratio for a specified parcl_id.

New Listings for Sale Rolling Counts

Gets weekly updated rolling counts of investor-owned properties newly listed for sale, and their corresponding percentage share of the total for-sale listings market. These metrics are segmented into 7, 30, 60, and 90-day periods ending on a specified date, based on a given parcl_id

Housing Stock Ownership

Gets counts of investor-owned properties and their corresponding percentage ownership share of the total housing stock, for a specified parcl_id.

Housing Event Prices

Gets monthly median prices for investor housing events, including acquisitions, dispositions, new sale listings, and new rental listings, based on a specified parcl_id.

Get all investor metrics
start_date = '2024-01-01'
end_date = '2024-04-01'

results_housing_stock_ownership = client.investor_metrics.housing_stock_ownership.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results_new_listings_for_sale_rolling_counts = client.investor_metrics.new_listings_for_sale_rolling_counts.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results_purchase_to_sale_ratio = client.investor_metrics.purchase_to_sale_ratio.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results_housing_event_counts = client.investor_metrics.housing_event_counts.retrieve(
    parcl_ids=top_market_parcl_ids,
    start_date=start_date,
    end_date=end_date
)

results = client.investor_metrics.housing_event_prices.retrieve(
        parcl_ids=top_market_parcl_ids,
        start_date=start_date,
        end_date=end_date,
)

Portfolio Metrics

Single Family Housing Event Counts

Gets monthly counts of investor-owned single family property housing events, segmented by portfolio size, for a specified parcl_id. Housing events include acquisitions, dispositions, new for sale listings, and new rental listings.

Single Family Housing Stock Ownership

Gets counts of investor-owned single family properties and their corresponding percentage of the total single family housing stock, segmented by portfolio size, for a specified parcl_id. The data series for portfolio metrics begins on March 1, 2024 (2024-03-01).

New Listings for Sale Rolling Counts

Gets counts of investor-owned single family properties and their corresponding percentage of the total single family housing stock, segmented by portfolio size, for a specified parcl_id. The data series for portfolio metrics begins on April 15, 2024 (2024-04-15).

New Listings for Rent Rolling Counts

Gets weekly updated rolling counts of investor-owned single family properties newly listed for rent, segmented by portfolio size, and their corresponding percentage share of the total single family for rent listings market. These metrics are divided into 7, 30, 60, and 90 day periods ending on a specified date, based on a given parcl_id. The data series for portfolio metrics begins on April 22, 2024 (2024-04-22).

results_housing_stock_ownership = client.portfolio_metrics.sf_housing_stock_ownership.retrieve(
    parcl_ids=top_market_parcl_ids,
)

# get new listings for specific portfolio sizes
portfolio_metrics_new_listings = client.portfolio_metrics.sf_new_listings_for_sale_rolling_counts.retrieve(
        parcl_ids=top_market_parcl_ids,
        portfolio_size='PORTFOLIO_1000_PLUS',
)

results = client.portfolio_metrics.sf_housing_event_counts.retrieve(
    parcl_ids=top_market_parcl_ids,
    portfolio_size='PORTFOLIO_1000_PLUS'
)

results = client.portfolio_metrics.sf_new_listings_for_rent_rolling_counts.retrieve(
        parcl_ids=top_market_parcl_ids,
        portfolio_size='PORTFOLIO_1000_PLUS'
)
Utility Functions

Want to keep track of the estimated number of credits you are using in a given session?

# get the number of credits used in a given session
credits_used = client.estimated_session_credit_usage
print(f"Estimated session credit usage: {credits_used}")