|Avg List Price||$225,467||$164,044|
|Avg SOLD Price||$160,846|
|Avg Seller Discount||1.6%|
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 1.5 homes per month have sold in Rainbow Acres, and 6 homes are on the market now, so Rainbow Acres has 4 months of inventory.