Pulled straight from the database each time this page loads, so what you see below is current, not a snapshot from whenever someone last refreshed it. Looking for Texas's numbers or California's numbers instead?
When a listing has both a minimum bid and an independent value estimate, we subtract one from the other to get equity: basically, how much room there is between what you'd pay and what the property is actually worth. A lot of listings don't have both numbers to work with (GSA and state surplus sales, for instance, don't come with an independent appraisal at all), which is why equity is only calculated for 4,500 of the 11,487 Pennsylvania listings tracked here, not all of them. "Average equity per priced listing" is the total estimated equity above divided by just that 4,500, not the full 11,487, which would understate it by folding in listings with nothing to calculate from.