What does a Sold Score of 88 mean in Erie?

A Sold Score of **88/100** in Erie (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 1.12, inventory down +8.1% YoY, 34 median days on market, 40.7% 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: 88/100 (Excellent Chance of Selling) · Pending ratio: 1.12 · Inventory YoY: -8.1% · Median days on market: 34 · Sellers cutting price: 40.7% · Median listing price: $244,900 (+2.5% YoY)