$315K  
The Oroville East market broke below its 12-month average sales volume this week as sales fell 29.4% to hit 12 homes sold over the last 30 days. Meanwhile, close-by Chico reported 100 homes sales, the highest number from all the surrounding cities. Potential buyers should take note that the median sales price in Oroville East rose to $257,500 and that there are four months of inventory still available.
Comments:

$465K  
The number of homes coming into the Oroville East market fell to 23 listings over the last 30 days, while sales remained right where they were as once again 17 homes were sold over the same period. The median sales price rose to $250,000 over the latest reporting period for Oroville East, up from $239,000. There are only two months of inventory available in Oroville East, so it's a definite seller's market, even if sales are flat.
Comments:

$1.5M  
New listings have increased in the Oroville East market, reaching a high that hasn't been seen since last May. The market is still hot, with the sale of 16 homes over the last 30 days extending a six-week growth trend. During the same time frame, Chico had the most new listings of any other neighboring municipalities with 133. Furthermore, a six-week upward trend in sales is expected to come to an end over the coming weeks. Potential buyers should note that prices are coming down in Oroville East, and for this period the median sales price slid from $251,200 to $244,450. In spite of the decrease in sales, a low three months of inventory signals that Oroville East is a seller's market.
Comments:

$114K  
A four-week upward trend continued after the Oroville East market recorded 19 home sales over the last 30 days. However, a record low 14 new listings came on, the fewest since January. During the same time frame, Chico had the most of any other neighboring municipalities with 115 new listings. While new seller numbers were soft, months of inventory were further reduced to two, extending a downward trend to four weeks. The rise in sales and low inventory point to Oroville East being a definite seller's market.
Comments:

$1.5M  
The Oroville East market has established a recent upward trend, even as sales fell 17.6% this week to 14 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, prices have been falling. The median sales price dropped to $202,500, extending a four-week long spiral. In spite of the falling prices, a low two months of inventory signals that Oroville East is still a definite seller's market.
Comments:

$465K  
The Oroville East market looks to strengthen in the short term. While 17 homes were sold over the last 30 days, the number of contracts executed rose to 21, the highest amount since July. During the same time frame, Chico had the most contracts executed of any other neighboring municipalities with 96. Naturally, as contracts reached a top, the amount of available homes decreased, falling to two months worth of inventory, its lowest point since January. The higher trending contracts numbers and the relatively small amount of inventory drive home the fact that Oroville East is a strong seller's market.
Comments:

$1.5M  
This week saw a record in sales growth for the Oroville East market. It resulted in 16 homes selling over 30 days, which is a 33.3% jump from last week's number and also the highest amount since January. In comparison, Chico led all other nearby municipalities with 86 sales. The median sales price climbed to $199,500 over the latest reporting period for Oroville East, up from $197,000. The rising sales and a low two months of inventory mean that Oroville East is a definite seller's market.
Comments:

$465K  
Oroville East is a less affluent than average city in California with a median income of $46,942 per household. The population is also considered much younger than most with a median age of 48 years. It should be noted that at 73.5%, most people own their homes in Oroville East. The top school in the city is Ophir Elementary School.
Comments:

$129K  
Over the last 30 days, sales in the Oroville East market remained at their current pace of 12 homes. However, the amount of pending transactions continued to improve, reaching a total of 17 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. While contracts trended higher the average selling price went the other way, hitting a three-month low at $197,000. There are only three months of inventory available in Oroville East, so it's still a seller's market, despite the falling prices.
Comments:

$465K  
The Oroville East market was active this week as sales shot up 50.0% to reach 12 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Chico had 70 sales, the most of all cities in the area. Months of inventory continued a steady rise, trending upwards for eight weeks to reach four months.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
RE/MAX GOLD
Snapped 4 homes in this area
Homesmart
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.