|Avg List Price||$172,894||$121,824|
|Avg SOLD Price||$116,820|
|Avg Seller Discount||4.8%|
Neighborhood Report for Rainbow Lake Estates
"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 5.1 homes per month have sold in Rainbow Lake Estates, and 33 homes are on the market now, so Rainbow Lake Estates has 6.5 months of inventory.