Monday Market Update for Chico, CA: August 13, 2018

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Single family residential properties available:253  ↑

Median property listing price: $389,000 =

Median property listing price / sqft: $222.11  ↓

Median days on the market (DOM): 45  ↑

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Single family residential properties sold in last 7 days: 24  ↓

Median sold price in last 7 days: $323,500  ↓

Median sold price in last 7 days price / sqft: $223.47  ↑

Median DOM for properties sold in the last 7 days: 15 =

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Average 30 Year Fixed Mortgage Rates:4.64%

National average rates on 30-year fixed mortgages slightly decreased.  ↓

Average 15 Year Fixed Mortgage Rates:4.15%

National average rates on 15-year fixed mortgages slightly increased.  ↑

Rates for mortgages change daily, but they remain low by historical standards. If you’re in the market for a mortgage, it could make sense to go ahead and lock if you see a rate you like. Just be sure to shop around first.

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