The Magalia market looked active in this week's report, as the number of home sales rose 8.0%, pushing the total to 27 homes sold over the last 30 days. At the same time, close-by Chico reported 108 home sales, the highest number from all the surrounding cities. Prices are falling in Magalia, and this period the median price of all sales fell from $179,000 to $169,900. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Magalia is a strong seller's market.
Out of all the listings in Magalia, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes:
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