A real estate market trend apparatus, computer program product and method obtains property data for each available property within a geographic area; sends the data to an AVM to calculate the valuation for each real property within the geographic area; saves the estimated valuations in memory; develops a time-consistent set of valuations for each property; provides a valuation for each of the available properties within the geographic area; and computes an indicator which provides a trend analysis of the real estate property market for the geographic area.