Question: In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed
In using transaction data to determine the current value of the subject property, it is important to recognize that general market conditions may have changed since a particular transaction occurred. Property A sold 9 months ago for $521,000 and Property B sold 6 months ago for $575,000. If the two properties are priced today at $572,000 and $525,000, respectively, using the arithmetic average monthly rate of change, what is the adjusted price of a comparable sold 12 months ago for $535,000? O $523,392 O $529,498 $521,607 None of the given answers O $541,607
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