What does a Sold Score of 35 mean in Mitchell?

A Sold Score of **35/100** in Mitchell (May 2026) puts the market in the **"Challenging Market Conditions"** 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 0.07, inventory down +27.3% YoY, 43 median days on market, 28.6% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (May 2026): Sold Score: 35/100 (Challenging Market Conditions) · Pending ratio: 0.07 · Inventory YoY: -27.3% · Median days on market: 43 · Sellers cutting price: 28.6% · Median listing price: $320,000 (-2.1% YoY)