Chico, CA Market Report 4/28/2008
April 28th, 2008 categories: Market Report
Since the beginning of the year:
188 Single Family Homes and 13 Condos have sold in Chico (includes, Forest Ranch, Durham and Cohasset) for a grand total of 201 Homes and Condos.
The average price of Single Family homes sold: $346,347. Median Price: $293,500. Average Days on Market, 82.
The average price of Condos sold: $170,250. Median Price, $145,000. Average Days on Market, 140.
Compared to the last quarter of 2007:
204 Single Family Homes sold, with an average price of, $350,672, median price of: 316,600. Average Days on Market, 94.
15 Condos sold, with an average price of, $174,660, median price of, $162,000. Average Days on Market, 89.
Currently:
456 Single Family Homes and Condos active (for sale). 139 are Pending sale.
The ratio of Pending sales to active listings is now 30%, up 2% from my previous market report of April 11, 2008.
