Paradise Found

February 28 2010

 Now, before you get too excited about the change in sales for the Paradise real estate market compared to last week, you need to know that I have made a change in the areas that I am tracking for you.  Due to popular demand I have now added the Magalia area to my Paradise CA weekly reporting.  Reporting on a larger geographical area will smooth our the wild swings in the numbers that sometime occur with smaller samples of numbers. Stay tuned for future reports.

MLS Stats for Paradise Area Week Ending Week Ending Week Ending Weekly % 
  2/12/2010 2/19/2010 2/26/2009 Change
         
# of Total Sales 7 2 16 700.00%
         
# REO/Short Sales Sold (SS) 2 1 7 600.00%
         
% Sales that are REO/SS 28.57% 50.00% 43.75% -12.50%
         
Avg. List Price $126,442 $269,250
$161,546
-40.00%
         
Avg. Sold Price $113,142 $254,000 $151,912 -40.19%
         
Sold Price % of Listing Price 89.48% 94.34% 94.04% -0.32%
         
Avg. Days On The Market 107 24 87 262.50%
         
Total Sales Volume $791,994 $508,000 $2,430,600 378.46%
         
# of Single Family Listings 148 148 225 52.03%
         
# Foreclosed On Market 18 18 29 61.11%
         
% of Foreclosed on Market 12.16% 12.16% 12.89% 5.98%
         
# Short Sales on Market 17 17 24 41.18%
         
% Short Sales on Market 11.49% 11.49% 10.67% -7.14%
         
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