|Avg List Price||$495,000||$414,633|
|Avg SOLD Price||$403,667|
|Avg Seller Discount||2.5%|
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 0.3 homes per month have sold in Magnolia Ridge, and 1 home is on the market now, so Magnolia Ridge has 4 months of inventory.