Oroville East has a population that is much younger than most in California with a median age of 48 years. Also, it's less affluent than average with a median income of $46,942 per household. Oroville East is an area where most people own their homes, with an ownership ratio of 73.5%. Topping the list of best schools in the city is Ophir Elementary School.
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$860K  
Over the last 30 days, the Oroville East market was steady and saw nine homes sold. However, the number of pending transactions continued to decline, with a total of 11 transactions during the same period. The median sales price climbed to $237,000 over the latest reporting period for Oroville East, up from $235,000. A downturn in contracts, coupled with the availability of eight months of inventory, prove that Oroville East is a definite buyer's market.
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$299K  
Home sales in the Oroville East market remained cold in this week's report as they fell 11.1% to eight homes sold over the last 30 days. In comparison, nearby Chico had 123 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Oroville East, with the median for this period rising from $235,000 to $236,000. Oroville East is a solid buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
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$499K  
In this week's report, the number of homes sold in the Oroville East market slid to nine over the past 30 days, a decrease of 25.0% from last week's report. In comparison, nearby Chico had 115 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Oroville East, with the median for this period rising from $195,250 to $235,000.
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$259K  
There were 12 homes sold in the Oroville East market over the last 30 days, but 10 contracts were executed. This marks the lowest amount since January, and could be a sign that the market is nearing a bottom. In comparison, Chico led all other nearby municipalities with 95 contracts executed. The median sales price dropped to $195,250, potentially helping to offset the four months of inventory left to be sold.
Comments:

$860K  
The Oroville East market is starting to look less expensive. While sales came in at 15 homes sold over the last 30 days, price reductions are the highest they've been in three months, with 10 reported over the same period. In comparison, Chico led all other nearby municipalities with 71 price reductions. The median sales price remained unchanged over the latest reporting period for Oroville East, coming in at $220,000. In spite of the decrease in sales, a low three months of inventory signals that Oroville East is a seller's market.
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$349K  
While home sales in the Oroville East market have been above average, in this week's report they fell 15.0% to 17 homes sold over the last 30 days. On the other hand, close-by Chico registered 104 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Oroville East, with the median for this period rising from $217,000 to $220,000. With only three months of inventory to sell, Oroville East is a seller's market, in spite of the dip in sales.
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With 8,280 residents, Oroville East is a larger than average city in California. Also, with a 7.4% increase over the last 10 years, its population is growing faster than other parts of the state. The Oroville East market almost exclusively consists of detached houses, accounting for 97% of the current homes in the area. The best school in the city is Ophir Elementary School.
Comments:

$499K  
Sales rose to 20 homes sold in the Oroville East market over the last 30 days. However, a recent downturn in the amount of pending transactions continued, with 16 completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Oroville East, and this period the median price of all sales fell from $269,000 to $217,000. With just two months of inventory available and sales going up, Oroville East is a strong seller's market.
Comments:

$599K  
The number of homes coming into the Oroville East market fell to 16 listings over the last 30 days, while sales remained right where they were as once again 17 homes were sold over the same period. Months of inventory hit three this period, extending an upward trend to four weeks. In spite of the decrease in sales, the lack of inventory signals that Oroville East is still a seller's market.
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