|Avg List Price||$242,500||$249,250|
|Avg SOLD Price||$237,500|
|Avg Seller Discount||4.7%|
Neighborhood Report for Magnolia Ridge
"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 0.2 homes per month have sold in Magnolia Ridge, and 2 homes are on the market now, so Magnolia Ridge has 12 months of inventory.