|Avg List Price||$206,049||$157,236|
|Avg SOLD Price||$153,588|
|Avg Seller Discount||1.9%|
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 1.2 homes per month have sold in Rainbow Acres, and 8 homes are on the market now, so Rainbow Acres has 6.9 months of inventory.