What does a Sold Score of 84 mean in Elko?

A Sold Score of **84/100** in Elko (August 2026) puts the market in the **"Excellent Chance of Selling"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.57, inventory down +23.3% YoY, 38 median days on market, 22.4% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (August 2026): Sold Score: 84/100 (Excellent Chance of Selling) · Pending ratio: 0.57 · Inventory YoY: -23.3% · Median days on market: 38 · Sellers cutting price: 22.4% · Median listing price: $489,900 (0.0% YoY)