December 30, 2008
So here it is as promised in yesterday's blog- the total market overview for the Chico area as of 12/19/08. Please leave me a comment to let me know if you find this market overview helpful and if you would like me to post it periodically (once or twice a month).
Here is a breakdown of what the different columns mean:
Price Range: Prices of Chico area homes
Number of Active listings: # of houses for sale in that price range
Number of pending listings: Out of the number of active listings, this shows the # of listings in escrow in the given price range (as of 12/19/08)
Months worth of inventory: If no other houses come on the market within this price range, it will hypothetically take this amount of months for all of the houses in the given price range to sell
Expired listings last 6 months: The number of houses that were taken off the market either because they didn't sell or because the owners decided not to sell for some reason
Closed listings last 6 months: The number of listings that closed escrow in the last 6 months within that price range
List price to sold price ratio: The difference between the price the house was listed at and the price the house actually sold for (it's important to note that this list price does not reflect price reductions, this list price is the final one where an offer was made and accepted on it).
Average days on market of solds: This is the average number of days that a house that sells within that price range sits on the market before it is sold).
Average days on market of actives: This is the average number of days that a houses that DO and DON'T sell sit on the market before either selling or being taken off the market.
Please let me know if you have any other questions regarding this Chico Area Market Overview.
| Price Range |
Number of Active Listings |
Number of Pending Listings |
Months worth of Inventory |
Expired Listings Last 6 Months |
Closed Listings Last 6 Months |
List Price to Sold Price Ratio |
Average Days on Market of Solds |
Average Days on Market of Actives |
| $0 - $174,999 |
36 |
8 |
6 |
12 |
37 |
92.49% |
93 |
127 |
| $175,000 - $199,999 |
24 |
1 |
5 |
5 |
31 |
96.69% |
77 |
100 |
| $200,000 - $224,999 |
23 |
3 |
3 |
6 |
42 |
96.58% |
79 |
106 |
| $225,000 - $249,999 |
34 |
12 |
3 |
10 |
78 |
97.42% |
55 |
112 |
| $250,000 - $274,999 |
26 |
12 |
3 |
6 |
57 |
97.59% |
55 |
130 |
| $275,000 - $299,999 |
39 |
12 |
6 |
14 |
41 |
97.53% |
73 |
95 |
| $300,000 - $324,999 |
13 |
4 |
2 |
5 |
38 |
97.72% |
65 |
141 |
| $325,000 - $349,999 |
35 |
6 |
6 |
9 |
33 |
96.63% |
93 |
188 |
| $350,000 - $374,999 |
22 |
3 |
7 |
8 |
19 |
97.06% |
67 |
147 |
| $375,000 - $399,999 |
25 |
7 |
7 |
8 |
23 |
96.28% |
73 |
85 |
| $400,000 - $449,999 |
15 |
5 |
4 |
9 |
21 |
95.53% |
88 |
96 |
| $450,000-$499,999 |
22 |
2 |
9 |
7 |
15 |
96.08% |
100 |
112 |
| $500,000 - $599,999 |
31 |
4 |
10 |
19 |
18 |
96.03% |
136 |
143 |
| $600,000-$699,000 |
31 |
1 |
13 |
13 |
14 |
94.84% |
123 |
160 |
| $700,000 - $999,999 |
32 |
0 |
48 |
13 |
4 |
97.67% |
138 |
150 |
| $1 Million + |
10 |
0 |
30 |
5 |
2 |
89.42% |
147 |
133 |
| Market Totals |
418 |
80 |
5 |
149 |
473 |
96.46% |
77 |
128 |
Interested in more information regarding the market in Chico? Take a look at my market report for today!
http://www.ryanvaught.com/chicomarketreport
Currently Ryan has about 40+ listings in inventory, and is on track to sell over 40 homes in 2008. Please don't hesitate to contact me with any questions about Chico area real estate.
Interested in learning more about the Chico area or Ryan?
Vaught Properties: Chico Income Property
Chico Condos: Chico Condo Sales
Ryan Vaught: Ryan's Residential website
Chico Luxury Homes
Chico Investment Property
Ryan Vaught Real Estate
Keller Williams Chico CA
Office Phone: (530) 343-2959
· Ryan's Current Listings
· Chico MLS Search
· Today's New Listings
· For Sellers
· About Ryan's Team
· Why Ryan?
· Commercial & Income Property
© Ryan Vaught Real Estate
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Ryan's Properties For Sale
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000 Grubbs Rd, Oroville |
$2,600,000 |
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Small acreage residential homesite development land located in Oroville. This parcel has 194 acres of rolling residential acreage currently zoned low density residential with ...
More Information on 000 Grubbs Rd |
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2050 4th Street, Thermalito |
$795,000 |
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6100 Sq. Ft. |
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Quality bank owned commercial property with a great location. Parcel is 1.39 acres. Potential uses of property include boat, RV or auto dealership, mechanic shop, tire shop an...
More Information on 2050 4th Street |
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1454 Broadway St, Chico |
$550,000 |
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4 Bedroom 4 Bath |
3600 Sq. Ft. |
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Turn of the century historic Diamond Match Company Victorian home on the historic registry. Qualifies for historic tax reduction. The home is in near original condition with i...
More Information on 1454 Broadway St |
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11767 Butte Creek Island Rd, Chico |
$419,000 |
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3 Bedroom 2 Bath |
1612 Sq. Ft. |
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Take a deep breath and enjoy every minute in this beautiful rural setting and fine home with acreage. This home is located about 15 minutes from Chico, just off of Honey Run R...
More Information on 11767 Butte Creek Island Rd |
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408 Paseo Companeros, Chico |
$399,000 |
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3 Bedroom 2 Bath |
1806 Sq. Ft. |
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Beautifully Remodeled 3 bedroom 2 bath home on close to an acre in town! Spacious kitchen with granite countertops, stainless steel appliances, eating bar and adjacent built i...
More Information on 408 Paseo Companeros |
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60 Glenview Way, Oroville |
$399,000 |
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3 Bedroom 2 Bath |
1729 Sq. Ft. |
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Beautifully maintained home. There are great features including a newer roof, HVAC, granite counter tops, granite around the fireplace, and new paint. This home is in great co...
More Information on 60 Glenview Way |
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1869 Rose River Ave, Chico |
$349,000 |
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3 Bedroom 2.5 Bath |
1994 Sq. Ft. |
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One of the best lots in heritage oaks! This home is facing beautiful natural landscape making it feel very private. A great location with easy access to trails leading to Bidw...
More Information on 1869 Rose River Ave |
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1814 Feather Ave, Oroville |
$275,000 |
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3 Bedroom 2 Bath |
1622 Sq. Ft. |
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Pristine 3 bed 2 bath home on a corner lot. Owner spared no expense with amenities such as 16" Italian tile throughout the home, stainless steel kitchen appliances, custom pai...
More Information on 1814 Feather Ave |
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3249 Myers Street, Oroville |
$260,000 |
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2448 Sq. Ft. |
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Investors crunch your numbers. This property consists of a triplex and single family home. Gross rents are about $2000 per month. Home has a newer roof, appliances, water heat...
More Information on 3249 Myers Street |
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71 Melody Ln, Oroville |
$239,000 |
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3 Bedroom 2 Bath |
1213 Sq. Ft. |
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Home on 10 acres in beautiful Oroville! Home needs some TLC, but has many great features. Home features a dog run, detached shop, ceiling fans in most rooms, and a master bedr...
More Information on 71 Melody Ln |
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