Suppose that we observe two comparable properties that have each sold twice within the past two years. Property A sold 18 months ago for $328,000 and Property B sold 16 months ago for $325,000. If the two properties were sold today at $375,000 and $340,000, respectively, estimate the change in market conditions (percentage change in price) per month, assuming we equally weight the two properties in our analysis?

multiple choice

0.68%

0.62%

0.57%

0.54%