|Avg List Price||$195,580||$183,225|
|Avg SOLD Price||$178,250|
|Avg Seller Discount||2.6%|
Neighborhood Report for Rancho Rio
"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 0.3 homes per month have sold in Rancho Rio, and 5 homes are on the market now, so Rancho Rio has 15 months of inventory.