Here are the numbers for last week’s Lake Oroville real estate market. This is the third week in a row that the number of Oroville home sales has been in single digits, and the 7th week out of the past 8 for this. With inventories still low, and a lot of that inventory in disrepair it ... [Read More]
Here are the numbers for last week’s Lake Oroville real estate market. This is the third week in a row that the number of Oroville home sales has been in single digits, and the 7th week out of the past 8 for this. With inventories still low, and a lot of that inventory in disrepair it is becoming more and more difficult to find properties for Oroville area buyers. All of my team members have pools of buyers that they simply cannot find decent properties to show them.
MLS Stats for Oroville Area
Week Ending
Week Ending
Week Ending
Weekly %
2/15/2010
2/22/2010
3/1/2010
Change
# of Total Sales
9
8
7
-12.50%
# REO/Short Sales Sold (SS)
4
5
4
-20.00%
% Sales that are REO/SS
44.44%
62.50%
57.14%
-8.57%
Avg. List Price
$108,188
$116,644
$141,085
20.95%
Avg. Sold Price
$98,722
$109,500
$137,482
25.55%
Sold Price % of Listing Price
91.25%
93.88%
97.45%
3.80%
Avg. Days On The Market
67
53
111
109.43%
Total Sales Volume
$973,692
$933,152
$987,595
5.83%
# of Single Family Listings
291
287
288
0.35%
# Foreclosed On Market
35
31
34
9.68%
% of Foreclosed on Market
12.03%
10.80%
11.81%
9.30%
# Short Sales on Market
46
44
39
-11.36%
% Short Sales on Market
15.81%
15.33%
13.54%
-11.67%
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Existing Home Sales Settling Down seekingalpha.com)
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