Mark Wisterman's Paradise & Lake Oroville Real Estate Blog » Inventory http://markwisterman.com Where information & technology meet to work for you Wed, 04 Jan 2012 21:35:22 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Weekly Update For Lake Oroville Real Estate http://markwisterman.com/2010/03/07/weekly-update-for-lake-oroville-real-estate/ http://markwisterman.com/2010/03/07/weekly-update-for-lake-oroville-real-estate/#comments Mon, 08 Mar 2010 02:17:03 +0000 Mark Wisterman http://mwisterman.blogs.rwnetwork.com/?p=2547 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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]]> http://markwisterman.com/2010/03/07/weekly-update-for-lake-oroville-real-estate/feed/ 0 Oroville’s Week In Review http://markwisterman.com/2010/02/02/orovilles-week-in-review/ http://markwisterman.com/2010/02/02/orovilles-week-in-review/#comments Tue, 02 Feb 2010 17:48:46 +0000 Mark Wisterman /?p=2381  It seems that this week’s Lake Oroville real estate market report reflects some ongoing reporting issues the local REALTORS are having with our new multiple listing service system.

It looks as though that the inventory of unsold homes is beginning to increase slightly. This may be an effect of some sellers trying to get a head start on what most people think is the peak selling season of Spring. Hopefully we can get the bugs worked out of our new MLS system soon. Watch for the weekly sales numbers for the Paradise real estate market later this week.

MLS Stats for Oroville Area Week Ending Week Ending Week Ending Week Ending Weekly % 
  1/11/2010 1/18/2010 1/25/2010 2/1/2010 Change
           
# of Total Sales 13 12 4 10 150.00%
           
# REO/Short Sales Sold (SS) 4 7 3 8 166.67%
           
% Sales that are REO/SS 30.77% 58.33% 75.00% 80.00% 6.67%
           
Avg. List Price $124,300 $148,383 $75,975 $79,790 5.02%
           
Avg. Sold Price $115,100 $112,637 $68,475 $83,229 21.55%
           
Sold Price % of Listing Price 92.60% 75.91% 90.13% 104.31% 15.74%
           
Avg. Days On The Market 112 107 163 154 -5.52%
           
Total Sales Volume $1,496,300 $1,351,650 $273,900 $830,599 203.25%
           
# of Single Family Listings 315 317 320 324 1.25%
           
# Foreclosed On Market 44 45 38 34 -10.53%
           
% of Foreclosed on Market 13.97% 14.20% 11.88% 10.49% -11.63%
           
# Short Sales on Market 44 41 50 52 4.00%
           
% Short Sales on Market 13.97% 12.93% 15.63% 16.05% 2.72%
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