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Chico, CA Market Report 5/12/2008

By
Real Estate Agent with Aloha Realty

Since the last Market Report 4/28/2008:

34 single family homes have sold. 3 Condos have been reported sold.

The average price of Single Family Homes sold: $334,728. Median Price: $293,500. Average Days on Market: 79.

Currently:

425 Single Family Homes and 43 Condos are for sale.

120 Homes are Pending sale. 8 condos are Pending Sale.

The ratio of pending sales to active listings is 28% (down 2% from two weeks ago).

“Upper End” Market Snapshot (Figures for homes sold above $600,000):

1st Quarter 2007.

18 homes sold with an average price of $748,640 and a median price of $738,000. Days on Market, 154.

2nd Quarter 2007.

26 homes sold with an average price of $758,902 and a median price of $756,232. Days on Market, 133.

Read More... Chico Real Estate Voice