Chico, CA Real Estate Market Report October 2007
November 3rd, 2007categories: Chico CA Real Estate Market Stats, Chico CA Real Estate News
Statistics for: Single Family Detached, Condo, Duplex, Mobile On Land
Date Range=10/2007-10/2007
Current Active Avg List Price Avg DOM
464 $404,743 105
Listed Sold Pct Sold Avg List Price Sold Avg Price Sold
123 53 43% $368,148 $349,222
Sale Price/List Price Ratio Avg DOM Sold Pct Expired
94.86% 79 34%
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Interesting Stats on Chico Real Estate, Sandi. I hear a lot about how terrible real estate is in other markets, but when i look at your market statistics in Chico, I can’t help but compare them in my mind to our real estate market conditions in Alpharetta (Georgia). Your average DOM for a sold property is only 79 days? That is amazing. Our Days on Market for October for sold properties was 67 in Alpharetta, not too terribly different, with about a 95% sales price to list price ratio. Who says the market is so bad, huh?
I look forward to checking back to your blog and comparing Chico and Alpharetta real estate market conditions. Chico seems like a beautiful place to live based on some of the pictures on your blog.
thanks, kevin.