Well, well. well, has it been a very long time since I posted Lake Oroville real estate stats, or what?
Don’t ask me why I haven’t done this for so long. Except for the fact that the market for Oroville home sales has not changed much since we last discussed this, I really have no reason, or even a lame excuse.
But, with Spring just around the corner (I think), there is no better time than the present to start again. First you will notice that I am again posting monthly and yearly comparison stats in the right columns of this blog. Here you can see how the sales of Oroville homes compare to Butte County as a whole. Remember the old saying that all “all real estate is local”. So ignore the national stats because they have nothing to do with our local markets. Oh, one more thing…. MY intent is to also post these stats on my facebook business page at www.facebook/RealtyWorld.CA so if you haven’t been there please stop by and “LIKE” my page to be sure that you see my posts there.
|MLS Stats for Oroville Area||Week Ending||Week Ending||Week Ending||Weekly %|
|# of Total Sales||4||10||6||-40.00%|
|# REO/Short Sales Sold (SS)||3||8||3||-62.50%|
|% Sales that are REO/SS||75.00%||80.00%||50.00%||-37.50%|
|Avg. List Price||$114,050||$105,467||$120,812||14.55%|
|Avg. Sold Price||$108,255||$102,760||$120,133||16.91%|
|Sold Price % of Listing Price||94.92%||97.43%||99.44%||2.06%|
|Avg. Days On The Market||74||73||56||-23.29%|
|Total Sales Volume||$432,900||$1,027,600||$720,800||-29.86%|
|# of Single Family Listings||227||230||235||2.17%|
|# Foreclosed On Market||47||47||48||2.13%|
|% of Foreclosed on Market||20.70%||20.43%||20.43%||-0.05%|
|# Short Sales on Market||18||18||19||5.56%|
|% Short Sales on Market||7.93%||7.83%||8.09%||3.31%|