|Avg List Price||$435,000||$363,475|
|Avg SOLD Price||$351,675|
|Avg Seller Discount||3.2%|
Neighborhood Report for Newport
"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 0.3 homes per month have sold in Newport, and 1 homes are on the market now, so Newport has 3 months of inventory.