Mid-point of the value of all homes in People Active in Community Effort, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Mid-point of People Active in Community Efforts list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Mid-point of People Active in Community Efforts sold prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sold price/sq ft of $200).
Mid-point of the ratio between the list price and the sold price for all homes in People Active in Community Effort (e.g. if a home with a list price of $250k sells for $200k, its ratio would be 5:4 or 1.25).
The mid-point of the percentage of price reduction for homes in People Active in Community Effort whose prices have been reduced in the past full month.
The percentage of homes in People Active in Community Effort that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
The percentage of all homes in People Active in Community Effort that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
The percentage of home sales in a given month in People Active in Community Effort where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Zillow calculates home values, average listing prices, sold prices,
time on market, price reductions, foreclosure statistics, down payment amounts
and many more metrics for the People Active in Community Effort neighborhood.