According to the listening, a local market means a place where people eat, shop and drink.
The word "diversity" has similar meaning to the word "variety".
Most people in the interview live down the street so it is handy for them to visit the market.
Stalls in the market are usually in a form of open table with roof where people sell fresh food.
Most people like fresh vegetables in the market.
There are two people in the interview are on their holiday from other places