|Avg List Price||$252,000||$319,221|
|Avg SOLD Price||$313,444|
|Avg Seller Discount||1.9%|
Neighborhood Report for Monterra Ridge
"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 0.8 homes per month have sold in Monterra Ridge (1-166), and 1 home is on the market now, so Monterra Ridge (1-166) has 1.3 months of inventory.