|Avg List Price||$159,188||$173,923|
|Avg SOLD Price||$159,524|
|Avg Seller Discount||8.1%|
Neighborhood Report for Rainbow Acres
"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 1.4 homes per month have sold in Rainbow Acres, and 8 homes are on the market now, so Rainbow Acres has 5.6 months of inventory.