First Paradise Market Report

January 30 2010

Welcome to all of you interested in what is happening in the Paradise, California real estate market. As I have been doing for the Lake Oroville real estate market for the past 8 or nine months, I will be bringing these numbers to you on a weekly basis.  As part of this reporting I will try to point out anything of interest in the report each week in order to try to bring the proper perspective to market conditions.

I always welcome your comments and suggestions on this or any of my blogs posts, so don’t be bashful. Come join in the fun.

MLS Stats for Paradise Area Week Ending
  1/29/2010
   
# of Total Sales 9
   
# REO/Short Sales Sold (SS) 3
   
% Sales that are REO/SS 33.33%
   
Avg. List Price $131,822
   
Avg. Sold Price $131,500
   
Sold Price % of Listing Price 99.76%
   
Avg. Days On The Market 72
   
Total Sales Volume $1,183,500
   
# of Single Family Listings 237
   
# Foreclosed On Market 36
   
% of Foreclosed on Market 15.19%
   
# Short Sales on Market 33
   
% Short Sales on Market 13.92%
   
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