$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.
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$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:

$799K  
Over the last 30 days, the Magalia market had a decrease in home sales with 22. Furthermore, the amount of pending transactions continued to decline, with a total of 22 contracts during the same period. As contracts trended lower, the median sales price went in the opposite direction, trending up for four weeks to $177,000. Despite the downward trend in contracts, the rising prices and only three months of inventory remaining indicate that Magalia is still a seller's market.
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$299K  
More sellers put their homes up for sale in the Magalia market over the last 30 days and the number of new listings spiked this week to 30. Home sales remained unchanged from the prior period and once again 24 homes were sold. Prices are falling in Magalia, and this period the median price of all sales fell from $181,500 to $169,950. Despite the flat sales, a relatively low three months of inventory remaining indicates that Magalia is a seller's market.
Comments:

$199K  
The population of Magalia is less affluent than average compared to others in California with a median income of $40,773 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 102.6. Homes in Magalia are relatively old with a median age of 29 years. Heading the list of top schools in the city is Cedarwood Elementary School.
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$224K  
While home sales in the Magalia market have been above average, in this week's report they slid 4.0% to 24 homes sold over the last 30 days. On the other hand, close-by Chico registered 106 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $181,500 over the latest reporting period for Magalia, up from $179,000. There are only three months of inventory available in Magalia, so it's a seller's market, even with the decrease in sales.
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$205K  
In this week's report, the number of homes sold in the Magalia market slid to 25 over the past 30 days, a decrease of 7.4% from last week's report, but still above the monthly average. Within the same time frame, Chico had 107 sales, the most of all cities in the area. The median sales price climbed to $179,000, up from last week's $169,900. With only three months of inventory to sell, Magalia is a seller's market, in spite of the dip in sales.
Comments:

$199K  
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.
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