$1.6M  
The Chico market is enjoying an extended upward trend, reiterated again this week as sales rose 4.9% to 108 homes over the last 30 days. Potential buyers should note that prices are coming down in Chico, and for this period the median sales price slid from $306,000 to $305,500. With only two months of inventory and rising sales, Chico is a solid seller's market.
Comments:

$259K  
The Chico market pulled back this week but was still better than normal as sales fell to 102 homes sold over the last 30 days. On the other hand, close-by Paradise registered 37 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $305,500 over the latest reporting period for Chico, down from $310,000. With only two months of inventory to sell, Chico is a definite seller's market, in spite of the dip in sales.
Comments:

$1.6M  
On top of an 11.0% jump in sales over the last 30 days, the Chico market extended a six-week hot streak with a total of 111 homes sold in that span. While sales were solid, months of inventory were further reduced to one, extending a downward trend to four weeks. The higher trending sales numbers and the relatively small amount of inventory drive home the fact that Chico is a definite seller's market.
Comments:

$269K  
The number of home sales in the Chico market climbed 7.6% to 99 homes over the last 30 days, exceeding the 92.2 monthly average for the last 12 months. Within the same time frame, Paradise had 31 sales, the most of all cities in the area. The median sales price dropped to $310,000, down from last week's $318,250. With just one month of inventory available and sales going up, Chico is a solid seller's market.
Comments:

$289K  
Over the last 30 days, the Chico market showed healthy signs with 90 homes sold, closing in on the average sales volume for the prior 12 months. Within the same time frame, Paradise had 34 sales, the most of all cities in the area. The median sales price climbed to $318,250 over the latest reporting period for Chico, up from $310,570. With just two months of inventory available and sales going up, Chico is a strong seller's market.
Comments:

$1.6M  
A record 86 homes were sold in the Chico market over the last 30 days, which is a new high going back to January. This is a 8.9% spike and comes on top of an extended three-week steady increase in sales activity. When comparing other close-by municipalities within the same period, the most came from Paradise with 36 sales. Potential buyers should note that prices went up in Chico, with the median for this period rising from $295,000 to $310,285. The rising sales and a low two months of inventory mean that Chico is a solid seller's market.
Comments:

$284K  
The Chico market looked solid in this week's report, as the number of sales went up to 79 homes sold over the last 30 days. To put it in perspective, close-by Paradise registered 42 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 $286,500 to $295,000. With just two months of inventory available and sales going up, Chico is a definite seller's market.
Comments:

$219K  
Chico is a relatively small city in California, and is less affluent than average with a median income of $41,886 per household. It's much older than the rest of the state, with a median age of 28. With a ratio of 53.8%, most homes in Chico are being rented. Topping the list of best schools in the city is Shasta Elementary School.
Comments:

$239K  
The Chico market will be getting more competitive in the short term. Sales have fallen this week to 70 homes sold over the last 30 days, and there is also a solid upward trend of new listings, with 102 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in Chico, and this period the median price of all sales fell from $289,500 to $286,500. With only two months of inventory to sell, Chico is a solid seller's market, in spite of the dip in sales.
Comments:

$495K  
The Chico market got a boost this week as sales rose to 70 homes sold over the last 30 days to go with a solid upward trend of contracts closing, now up to 93. While contracts suggested otherwise, months of inventory is on an eight-week upswing, this week hitting two months. The higher trending contracts numbers and the relatively small amount of inventory drive home the fact that Chico is a definite seller's market.
Comments:
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