|Avg List Price||$402,703||$378,212|
|Avg SOLD Price||$373,125|
|Avg Seller Discount||1.3%|
Neighborhood Report for Lake 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 2.5 homes per month have sold in Lake Ridge, and 16 homes are on the market now, so Lake Ridge has 6.4 months of inventory.