Paradise Weekly Real Estate Update

The Paradise real estate market is experiencing pretty consistent activity with 14 properties going under agreement last week and another 9 properties closing escrow.  There were 26 new listings that hit the market for this same time period, so available inventory continues to outpace the amount of Paradise real estate being sold.  This coupled with the low 5.88% average for 30 year fixed rate mortgages poses some great opportunities for Paradise area buyers. 

Housing categories that are still experiencing the most activity are those single family homes priced between $350,000 and $450,000 as 27% of the properties are currently under agreement.  The other two most active categories are the single family homes priced below $250,000 and the manufactured homes with 25% and 24%, respectively, currently being under agreement.

For a full market report, please just give me a call.  I'd love to provide one!