Paradise, CA Weekly Update

March 7 2010

 Hello again Paradise CA real estate market watchers and welcome back to your weekly stats. There is really not anything of note in this weeks’s report. With the deadline to qualify for any type of homebuyer tax credit fast approaching, I would expect to seeing some upward movements in the stats over the next 4-6 weeks.

MLS Stats for Paradise Area Week Ending Week Ending Week Ending Weekly % 
  2/19/2010 2/26/2009 3/5/2010 Change
         
# of Total Sales 2 16 9 -43.75%
         
# REO/Short Sales Sold (SS) 1 7 4 -42.86%
         
% Sales that are REO/SS 50.00% 43.75% 44.44% 1.59%
         
Avg. List Price $269,250 $161,546 $171,789 6.34%
         
Avg. Sold Price $254,000 $151,912 $158,378 4.26%
         
Sold Price % of Listing Price 94.34% 94.04% 92.19% -1.96%
         
Avg. Days On The Market 24 87 101 16.09%
         
Total Sales Volume $508,000 $2,430,600 $1,425,402 -41.36%
         
# of Single Family Listings 148 225 227 0.89%
         
# Foreclosed On Market 18 29 30 3.45%
         
% of Foreclosed on Market 12.16% 12.89% 13.22% 2.54%
         
# Short Sales on Market 17 24 25 4.17%
         
% Short Sales on Market 11.49% 10.67% 11.01% 3.25%
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