$599K  
Magalia is a city in California. It's less affluent than average and the cost of living is less expensive compared to the rest of the state, with a median income of $40,773 per household and cost of living adjustment score of 102.6. Homes in Magalia are relatively old with a median age of 29 years. The top school in the city is Cedarwood Elementary School.
Comments:

$160K  
Home sales in the Magalia market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 28.6% to 20 homes sold over the last 30 days. In comparison, nearby Chico had 76 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $167,450 over the latest reporting period for Magalia, up from $156,000. There are only two months of inventory available in Magalia, so it's a definite seller's market, even with the decrease in sales.
Comments:

$160K  
The number of home sales in the Magalia market rose 7.7% to 28 homes over the last 30 days. Within the same time frame, Chico had 96 sales, the most of all cities in the area. The median sales price of all transactions in Magalia did not budge this week, remaining at $156,000. With only two months of inventory and rising sales, Magalia is a strong seller's market.
Comments:

$599K  
Over the last 30 days, a confirmed downward trend of new sellers coming into the Magalia market continued, with 14 listings in this week's report. Meanwhile, sales fell, with 26 homes selling during the same period. Potential buyers should note that prices went up in Magalia, with the median for this period rising from $155,000 to $156,000. There are only two months of inventory available in Magalia, so it's a solid seller's market, even with the decrease in sales.
Comments:

$799K  
In this week's report, the number of homes sold in the Magalia market dropped to 26 over the past 30 days, a decrease of 13.3% from last week's report, but still above the monthly average. Meanwhile, close-by Chico reported 88 homes sales, the highest number from all the surrounding cities. The median sales price in Magalia stayed put this week at $152,500. With only two months of inventory to sell, Magalia is a solid seller's market, in spite of the dip in sales.
Comments:

$254K  
The Magalia market looked very healthy this week as sales rocketed 25.0% to hit 30 homes sold over the last 30 days. To put it in perspective, close-by Chico registered 82 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $152,500 over the latest reporting period for Magalia, down from $185,000. With just two months of inventory available and sales going up, Magalia is a solid seller's market.
Comments:

$170K  
Magalia is a larger than average city in California with 11,310 residents. Also, it has an average density with 807.0 people per square mile. With an ownership ratio of 69.3%, most people in Magalia are homeowners. Topping the list of best schools in the city is Cedarwood Elementary School.
Comments:

$799K  
Over the last 30 days, 20 homes went under contract in the Magalia market, the lowest amount since last December. As the market appears to be approaching a low, there were 24 homes sold over the same period. In comparison, Chico led all other nearby municipalities with 56 contracts executed. As contracts reached a low, the median sales price went in the opposite direction, trending up for eight weeks to $185,000. With only three months of inventory left to sell and prices on the rise, Magalia is still a seller's market, in spite of the downward trend in contracts numbers.
Comments:

$170K  
The Magalia market was healthy this week as sales rose 8.0% to hit 27 homes sold over the last 30 days. At the same time, close-by Chico reported 63 home sales, the highest number from all the surrounding cities. The median sales price of all transactions in Magalia did not budge this week, remaining at $185,000. 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.
Comments:

$254K  
The Magalia market was active this week as sales climbed 8.7% to hit 25 homes sold over the last 30 days. At the same time, close-by Chico reported 84 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Magalia, with the median for this period rising from $184,000 to $185,000. The rising sales and a low three months of inventory point to Magalia being a seller's market.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Chico Homes Real Estate Sales Inc
Snapped 1 home in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.