|Avg List Price||$197,975||$189,488|
|Avg SOLD Price||$186,375|
|Avg Seller Discount||1.6%|
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 0.7 homes per month have sold in Rancho Rio, and 4 homes are on the market now, so Rancho Rio has 6 months of inventory.