What does a Sold Score of 62 mean in Urbana?

A Sold Score of **62/100** in Urbana (May 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 0.89, inventory up +48.6% YoY, 35 median days on market, 43.6% 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: 62/100 (Good Chance of Selling) · Pending ratio: 0.89 · Inventory YoY: +48.6% · Median days on market: 35 · Sellers cutting price: 43.6% · Median listing price: $289,575 (+8.0% YoY)