Sales Number Even in Rainbow Real Estate Market

The Rainbow market saw sales remain flat this week with one home sold over the last 30 days but new listings shrank to zero. The median sales price of all transactions in Rainbow did not budge this week, remaining at $985,000. Rainbow is a solid buyer's market, thanks to a big 13 months of inventory to choose from and the flat sales.

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Demographic facts for Rainbow:

  • This area has an affordability rating of 33. (Scale: 1 = Worst, 100 = Best)
  • The area gets an average of 10.3 inches of rain each year. (U.S. average: 36.5)
  • The area's income per capita is $29,003.
  • This area has a school rating of 66. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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