|Avg List Price||$180,000||$247,450|
|Avg SOLD Price||$242,500|
|Avg Seller Discount||1.8%|
Neighborhood Report for Rivendel
"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 0.2 homes per month have sold in Rivendel, and 1 home is on the market now, so Rivendel has 6 months of inventory.