The Ranch Area
Real Estate Market Summary
The Ranch Area is a neutral market.
The inventory is about the same, and the prices are about the same. Sold to List Ratio is holding steady also.
With the Absorption Rate and the Days On Market all over the place, but not shooting up like other areas, this area is selling a few properties and the prices are staying about the same.
Sold Price Volume is bouncing back.
| Sold Price (Average) | $1,001,667 |
| Listing Price (Average) | $1,403,497 |
| Active Listings | 8 |
| Sold Listings | 3 |
| Absorption Rate | 2.82 |
| Sold To List Ratio (Average) | 86.7% |
| Days On Market (Average) | 60.7 |
| Price Volume Active | $11,230,000 |
| Price Volume Sold | $3,010,000 |
