A cluster of transactions recorded in March links entities operating under the JK Monarch and Trumark
names. Our entity-resolution rules trace both names to the same ultimate parent — so, per our published
methodology, this cluster is flagged intercompany: true and excluded from every finished-lot and
preliminary-plat $/lot average on the public site and in the member data layer.
1Why this matters
Intercompany transfers move title and can move price on paper, but they are not arm's-length market transactions — including them would distort the $/lot series we publish for every county. This is exactly the kind of cluster our de-duplication and entity-alias rules exist to catch: same ultimate parent on both sides of a recorded transfer, price non-representative of open-market conditions.
2What changes for members
Nothing in the underlying transaction record is deleted or hidden — the cluster's rows remain in the
member data layer, correctly tagged intercompany: true, with the shared-parent relationship visible on
each record. They are simply excluded from the aggregate $/lot figures published on the homepage
scoreboard and in this month's Market Pulse, exactly as they should be.
We publish this kind of note whenever a transaction cluster could otherwise be misread as market pricing — transparency about what's excluded, and why, is part of the basis discipline behind every number on this site.