A not so funny thing happened to the Paradise, CA real estate market last week. Only two sales to report from Paradise this week.
The one encouraging thing to take from the week’s meager numbers is the fact that the average Paradise home sale was over $250,000 and the average time that each of these two homes were on the market was only 24 days. From the seller’s side of the equation it is good to see higher prices homes selling quickly. Hopefully we will have more substantial numbers to discuss next week.
|Paradise, CA MLS Stats||Week Ending||Week Ending||Week Ending||Week Ending||Weekly %|
|# of Total Sales||6||6||7||2||-71.43%|
|# REO/Short Sales Sold (SS)||2||3||2||1||-50.00%|
|% Sales that are REO/SS||33.33%||50.00%||28.57%||50.00%||75.00%|
|Avg. List Price||$154,667||$161,150||$126,442||$269,250||112.94%|
|Avg. Sold Price||$155,083||$156,100||$113,142||$254,000||124.50%|
|Sold Price % of Listing Price||100.27%||96.87%||89.48%||94.34%||5.43%|
|Avg. Days On The Market||60||84||107||24||-77.57%|
|Total Sales Volume||$930,948||$936,600||$791,994||$508,000||-35.86%|
|# of Single Family Listings||137||148||148||148||0.00%|
|# Foreclosed On Market||19||19||18||18||0.00%|
|% of Foreclosed on Market||13.87%||12.84%||12.16%||12.16%||0.00%|
|# Short Sales on Market||15||17||17||17||0.00%|
|% Short Sales on Market||10.95%||11.49%||11.49%||11.49%||0.00%|