5 Reasons Why the Chico Real Estate Market is Hot!
April 30th, 2008 categories: Chico Real Estate, Pick of The Week
Here are 5 homes in Chico that recently, within the last week, have gone pending or have been reported sold that were on the market for less than 10 days. I intended to blog on 2 of them as a “Pick of The Week” home, but just didn’t get to it in time. Sorry…
Could it be that we are in the kind of market in which “good deal” homes sell faster than I can blog about them?
1. 151 Aspen Glen Dr. 3/2, 1,420 square feet, built in 2000. Listed at, $259,000. Days on Market: 7. Status: Sold, $259,000. Listed by, Teresa Larson-Coldwell Banker. MLS# 200803003.
2. 911 Sheridan Ave. 3/2, 1,200 square feet, built in 1964. Listed at, $279,000. Days on Market: 7. Status: Sold, $275,000. Listed by, Lori Akers-C-21. MLS# 200801561.
3. 1871 Auburn Oak Way. 3/2, 1,316 square feet, built in 2001. Listed at, $280,000. Days on Market: 8. Status: Pending. Listed by, Jonathan Rilea, Keller Williams. MLS# 200803897.
4. 2801 Vistamont Way. Duplex. 3/2 and 2/2, 2,287 square feet, built in 2006. Listed at, $354,900. Days on Market: 10. Status: Pending. Listed by, Judy Cane - Aloha Realty. MLS# 200803791.
5. 2235 Dorado Cerro. 3/2.5, 3,116 square feet, built in 1963. Listed at, $599,000. Days on Market: 11 (ok. not 10 or less, but usually takes a day or two to input status change). Status: Pending. Listed at, $599,000. Listed by, Michael Fortino-Coldwell Banker.
And, as a bonus- I love bonuses- I just represented clients on the purchase of a 2 bedroom, 1 bath condo for $97,000. It was an REO (bank owned property) listed at, $114,900. Even the listing price was below appraised value. Aside from one other condo sale nearly 2 years ago that was a 1 bedroom and 164 square feet less, this was the cheapest condo reported on MLS in the past couple of years.
The Point
There are quite a few homes languishing on the market in Chico. But, for the astute, ready to move Buyer, there are many good deals to be had. And, those good deals- go Fast!
