|Avg List Price||$146,036||$122,825|
|Avg SOLD Price||$120,708|
|Avg Seller Discount||1.8%|
Neighborhood Report for Cherry Wood
"Inventory" represents how many months it would take, given recent sales trends,
for all homes in the neighborhood to be sold. Generally, more than 6 months of inventory suggests a "buyer's market."
Over the past year, an average of 3 homes per month have sold in Cherry Wood, and 18 homes are on the market now, so Cherry Wood has 6 months of inventory.