|Avg List Price||$212,400||$208,992|
|Avg SOLD Price||$205,917|
|Avg Seller Discount||1.6%|
Neighborhood Report for Rancho Elegante
"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 homes per month have sold in Rancho Elegante, and 2 homes are on the market now, so Rancho Elegante has 2 months of inventory.