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As promised last week, I will be reviewing the progress of the Chico real estate market as we have marked the half way point of the final quarter of 2007. For the time period of October 1 through November 15th there were eighty two single family residences sold in the six areas of Chico as [...]

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The week ending November 15th marks the half way point of the fourth quarter. I’ll be taking a closer look at how the Chico real estate market is doing to this point next week. This week however, our active listing inventory in the Sierra North Valley MLS for single family residences has dropped again for [...]

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For the week ending November 8th, 12 single family residences successfully closed as listed in the Sierra North Valley MLS for the six areas of Chico after an average of 114 days on the market. (DOM). Beginning with the low range-a three bedroom, 1 bath home with 1374 square feet, with an original asking price [...]

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Dropping again this week during the traditionally slower winter months, the Sierra North Valley MLS showed 415 active single family residences available for sale in the six areas of Chico. Representing a median price of $350,000 and an average of $427,243, the current inventory has been on the market for an average of 111 days. [...]

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The single family residence inventory in the Sierra North Valley MLS for the six areas of Chico dropped slightly again this week to 439 active listings. The average time on the market of these homes is 119 days, the average price-$420,840, and the median price is $359,000. This number includes the addition of twenty two [...]

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