$700K  
The Chico market remained soft this week as sales fell 15.8% to land at 64 homes sold over the last 30 days. Within the same time frame, Paradise had 21 sales, the most of all cities in the area. Prices are falling in Chico, and this period the median price of all sales fell from $310,000 to $302,500. Despite the slip in sales, a relatively low two months of inventory indicates that Chico is a definite seller's market.
Comments:

$389K  
Chico has a population that is much older than most in California with a median age of 28 years. Also, it's less affluent than average with a median income of $41,886 per household. Keep in mind, most people in Chico are renters, with 53.8% of the population renting their home. The top school in the city is Shasta Elementary School.
Comments:

$299K  
The Chico market broke below its 12-month average sales volume this week as sales dropped 22.4% to hit 76 homes sold over the last 30 days. Within the same time frame, Paradise had 21 sales, the most of all cities in the area. The median sales price climbed to $310,000 over the latest reporting period for Chico, up from $309,500. In spite of the decrease in sales, a low two months of inventory signals that Chico is a definite seller's market.
Comments:

$1.6M  
The Chico market is slowing down. While sales this week came in at 96 homes sold over the last 30 days, new listings are at the lowest they've been since last January. When comparing other close-by municipalities within the same period, the most came from Magalia with 12 new listings. Prices are falling in Chico, and this period the median price of all sales fell from $313,390 to $308,500. With only one month of inventory to sell and a downward trend in new listings numbers, Chico is a definite seller's market.
Comments:

$700K  
The number of home sales in the Chico market climbed 15.6% to 104 homes over the last 30 days, exceeding the 90.1 monthly average for the last 12 months. Within the same time frame, Paradise had 31 sales, the most of all cities in the area. Pricing in Chico remains consistent from last week to this week, with the median sales price at $313,390 again. With only two months of inventory and rising sales, Chico is a definite seller's market.
Comments:

$1.6M  
The Chico market got positive news in this week's report, as the number of sales went up to 88 homes sold over the last 30 days. To put it in perspective, close-by Paradise registered 31 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Chico, with the median for this period rising from $310,000 to $310,890. With just two months of inventory available and sales going up, Chico is a solid seller's market.
Comments:

$489K  
Chico is a larger than average city in California with 86,187 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 12.6%. Detached homes account for 88% of the area's current housing market. The top school in the city is Shasta Elementary School.
Comments:

$120K  
A three-week rough patch for the overall sales trend continues in the Chico market. On a positive note, the number of sales actually rose 15.5% over the last 30 days to hit 82. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price in Chico stayed put this week at $310,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Chico is a strong seller's market.
Comments:

$509K  
The number of home sales in the Chico market climbed 12.9% to 70 homes over the last 30 days, coming close to the 88.8 monthly average for the last 12 months. At the same time, close-by Paradise reported 33 home sales, the highest number from all the surrounding cities. The median sales price rose to $307,500 over the latest reporting period for Chico, up from $302,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Chico is a seller's market.
Comments:

$1.6M  
The Chico market remained cool this week as sales dropped 25.0% to land at 63 homes sold over the last 30 days. On the other hand, close-by Paradise registered 33 homes sold in the same time frame, the most of all surrounding cities. The amount of available homes increased, reaching a volume of three months of inventory, its highest point since August. With inventory so low in Chico, it's still a seller's market, even after taking into consideration the decrease in sales.
Comments:
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