Upland Ranch Estates has 8 months of inventory which is considered a Buyer's Market. Months of inventory is a simple way to measure the heat of a market in terms of supply vs. demand. To calculate it, divide the total available listings last month by the number of listings sold in that month. 6 months of inventory is considered a neutral market. Less favors sellers. More favors buyers.
Median List Price: $390k
Median Sold Price: $395k
Median Sold/List %: 101%
Avg Days on Market: 86
On average, homes in Upland Ranch Estates cost 6% less than other homes in Fernley and sell 33.8% faster.