Chico Real Estate Source

Tammy Waller, Chico Real Estate, Chico Realtor, Chico California Real Estate

Tammy Waller Aviles

Broker, Owner

Realty Executives

Waller Real Estate

1299 East Ave. Suite B

Chico, CA 95926

Cell: (530) 354-1380

Email

Homes For Sale

Commercial Listings

Buyers

Sellers

About Tammy

The Source For

Waller Real Estate proud member of the Chico Chamber of Commerce

Chico Realtor, Real Estate Agent Chico, Chico Real Estate

As of 08/11/08-382 active listings in Chico Area's 1a-1f

Chico Market Watch

The Second quarter of 2008 stats are in!

In total there were two hundred seventeen single family homes sold during the second quarter of 2008. In comparison to the second quarter of 2007, this number reflects an approximate 15% drop in quantity of homes sold, while comparing the totals from the first quarter of 2008, we are up approximately 42% in total homes sold. The average days on the market (DOM) is down slightly from the second quarter comparison of 2007 to sixty days versus seventy six days. The average price for the second quarter of 2008 totaled $327,418, while the average in the second quarter of 2007 had an average selling price of $357,045. The median selling price for 2008’s second quarter-down just over 14% from 2007’s-is $287,000. Since the peak experienced in Chico in the second quarter of 2006, our market has declined a total of about 16.8% when looking at the median single family home price.

The graph above and the hard numbers below is compiled from data from the Sierra North Valley Multiple Listing Service (MLS), and does not include sales stats for any and all properties not listed in the MLS; including new home construction sold by the builder directly or For Sale By Owners.

If you would like information on what home prices are doing in your neighborhood, I'm just a phone call or email away and would be more than happy to assist you.

Chico 2008

2008 Total	Average Price	Median Price	DOM
343	$329,943	$290,000	70
1st Qtr 2008
126	$334,292	$291,000	88
2nd Qtr 2008
217	$327,418	$287,000	60
3rd Qtr 2008

4th Qtr 2008

By Type
SFR up to 2 bed
34	$250,911	$247,200	52
SFR 3 bed
217	$292,952	$280,000	64
SFR 4 plus bed
92	$446,403	$379,750	91

Chico 2007

2007 Total	Average Price	Median Price	DOM
802	$358,350	$325,000	82
1st Qtr 2007
188	$370,102	$335,000	92
2nd Qtr 2007
257	$357,045	$335,000	76
3rd Qtr 2007
188	$359,510	$320,500	66
4th Qtr 2007
169	$345,970	$315,000	94
By Type
SFR up to 2 bed
96	$255,940	$248,500	56
SFR 3 bed
499	$330,807	$315,000	76
SFR 4 plus bed
207	$472,242	$420,000	108

Chico 2006

2006 Total	Average Price	Median Price	DOM
851	$372,141	$335,000	63
1st Qtr 2006
176	$370,200	$337,250	70
2nd Qtr 2006
239	$376,308	$345,000	51
3rd Qtr 2006
235	$371,391	$335,000	56
4th Qtr 2006
201	$369,764	$325,000	80
By Type
SFR up to 2 bed
91	$257,715	$249,000	54
SFR 3 bed
563	$353,155	$326,000	62
SFR 4 plus bed
193	$482,806	$455,000	71

Chico 2005

2005 Total	Average Price	Median Price	DOM
922	$364,463	$334,950	52
1st Qtr 2005
220	$330,467	$315,450	84
2nd Qtr 2005
291	$364,870	$335,000	46
3rd Qtr 2005
243	$386,393	$339,000	31
4th Qtr 2005
168	$376,778	$342,000	52
By Type
SFR up to 2 bed
109	$270,381	$249,500	45
SFR 3 bed
616	$353,020	$329,950	51
SFR 4 plus bed
197	$452,297	$409,900	57

Chico 2004

All SFR	Average Price	Median Price	DOM
1063	$310,573	$282,000	86
1st Qtr 2004
236	$276,878	$251,000	105
2nd Qtr 2004
306	$314,207	$282,000	75
3rd Qtr 2004
275	$315,349	$289,500	75
4th Qtr 2004
246	$333,041	$305,000	92
By Type
SFR up to 2 bed
133	$213,521	$205,000	78
SFR 3 bed
663	$293,765	$272,000	82
SFR 4 plus bed
267	$400,655	$374,000	99