Rainbow housing prices have seen an increase of 0.4% over the last one hundred eighty days compared to the previous twelve months. The average house price over the last six months is $2,232,444. Below you’ll find numerous charts and graphs breaking down real estate market trends in Rainbow.
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|Recent Trends||Previous 180 Days||Previous 12 Months||% ChangeOver 6 Months|
|Average Sales Price||$2,232,444||$2,223,953||0.4%|
|Average List Price||$2,186,545||$2,068,398||5.7%|
|Sales Price vs List Price||102%||107%||-4.7%|
|Avg Days on Market||28||18||55.6%|
|Avg Homes Sold Per Month||2||2||-8.3%|
Below you’ll see a comparison between the square footage and price per square foot for each Rainbow house price over the last 180 days. Hover over a point to see more information about each home that sold.
Properties in Rainbow can be divided into three categories: small interior square footage, average interior square footage, and the higher end of interior square footage. This data can give you a rough overview on which bucket your home may fall into with Rainbow home prices.
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|Low End||Average End||High End|
|Avg Sq Ft Range||1176 - 1416 sq ft||1417 - 2263 sq ft||2264 - 2867 sq ft|
|Avg Sold Price||$2,103,666||$2,051,000||$3,100,000|
|Avg Price Per Sq Ft||$1623||$1191||$1208|
Data is from the previous 12 months and pulled directly from the MLS.
Median List Price
Average Days on Market
Median Sq Ft
Average Price per Sq Ft
Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.
Hover over a candlestick to see the median sales price and the median list price for any given month
# of Homes Sold
Median Sold Price for 2BR
Median Sold Price for 3BR
Median Sold Price for 4+BR
# of Condos/Townhomes Sold
Median Sold Price of Condos/Townhomes
Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.
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Rainbow house prices have seen a median sales price of $2,051,000 over the last 180 days - a -6.8% decrease in comparison to the previous twelve months. In the same 180 days, 11 properties have closed escrow in the area, 11 of which were single family residences, and the remaining 0 of which were condos or townhomes. The single family residences in Rainbow had an average list price of $2,186,545 and were on the market for 28 days on average, with a sold to list price ratio of 102% in the past 180 days. In terms of size, the median square footage for single family residences was 1654, with the average price per square foot sitting at $1184. The median sold price for a three bedroom home in the area was $1,925,000, compared with $2,240,000 for a four bedroom. Over the last 180 days, housing prices in Rainbow had a median sold to list price ratio for single family residences of 102%, which is -5% less compared to the past 12 months. This shows a slightly downward trend in the Rainbow real estate market.
According to the MLS, there are currently 3 single family residences for sale in Rainbow in addition to 0 condos and townhomes, all of which are averaging 11 days on the market. Of the single family residences, the average list price is sitting at $2,049,629 – -1% less than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $0 means that prices are sitting at NaN% less compared to the past 90 days.
Rainbow has approximately 1,330 households, with the average home built around around 1962. Of all of the households found in Rainbow today, roughly 79% are married and 47% have children, with an average income of $149,614 and about 34% of residents possessing a bachelor’s degree.