What does a Sold Score of 61 mean in Minden?

A Sold Score of **61/100** in Minden (July 2026) puts the market in the **"Good 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 0.46, inventory down +10.3% YoY, 57 median days on market, 38.5% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (July 2026): Sold Score: 61/100 (Good Chance of Selling) · Pending ratio: 0.46 · Inventory YoY: -10.3% · Median days on market: 57 · Sellers cutting price: 38.5% · Median listing price: $169,425 (+7.6% YoY)