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Chico, CA Market Report for August, 2008

By
Real Estate Agent with Aloha Realty

Today in Chico, CA, there are 446 active single family homes available on the market as indicated in the Sierra North Valley MLS. 92 homes are currently pending sale, representing a 21% absorption rate.

During the month of August:

  • 68 single family homes were reported sold,
  • Average sale price, $302,339,
  • Median sale price, $279,450,
  • Average DOM (Days on Market), 74
  • Sold homes sold for an average of 92% of their list price.

Compared to the activity during Q2 of 2008:

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