Use this article to understand each listing status. They are the same in Matrix.
What the Coming soon, Active, Active under contract, and Pending listing statuses mean
Coming soon, Active, Active under contract, Pending, Hold are the listing statuses for current listings, from before showings start through an accepted offer.
Coming soon: A valid listing contract exists, and no offer has been accepted. The Listing Broker is in possession of a seller signed instruction to submit the listing as “Coming Soon”. Marketing and Advertising as defined in Rule 7.9 is permitted and shall include language that the property is “Coming Soon” and shall include the date the property will become Active.
Active: A valid listing contract exists and no offer (with or without contingencies) has been accepted.
Active under contract: Offer accepted and either: the seller requests that property remain in an On-Market status and is looking for back-up offers, or the sale is subject to court or other third-party approval..
Pending: The seller has accepted an offer and is not soliciting offers through the MLS.
Hold: A valid listing contract exists, and no offer has been accepted. The Listing Broker is in possession of a seller written instruction to submit the listing as “Hold.” This instruction may be due to various reasons such as multiple quality offers already received, repairs, illness, guests, etc. Marketing and Advertising as defined in Rule 7.9 is permitted. The property is not available for showings consistent with Rule 9.3.
What the Closed, Leased, Expired, Canceled, and Withdrawn listing statuses mean
Closed, Leased, Expired, Canceled, and Withdrawn are the listing statuses for listings that have sold, leased, or come off the market.
Closed/Sold: Escrow has closed.
Leased: The property has been leased.
Expired: The listing agreement has expired. The time frame of the existing listing contract has run out.
Canceled: The listing agreement has been canceled. Only brokers and MLS staff can change a listing to Canceled. Agents who need a listing canceled can ask their broker.
Withdrawn: A valid listing contract is in effect. However, the property is no longer being marketed.