Monday Market Update for Chico, CA: May 14, 2018

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Single family residential properties available:188 ↑

Median property listing price: $398,245 ↑

Median property listing price / sqft: $221.36 ↑

Median days on the market (DOM): 47 ↑

Single family residential properties sold in last 7 days:28 ↑

Median sold price in last 7 days: $324,500 ↓

Median sold price in last 7 days price / sqft: $230.47 ↑

Median DOM for properties sold in the last 7 days: 6 ↓

Area Mortgage Rate Range: 3.75% – 4.87% APR* 

National Average rates on 30-year fixed and 15-year fixed mortgages both rose.   ↑

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.

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– Check out my smartphone property app!  It’s called HomeSpotter, it offers the most current information available.  Use it for fun, or for serious home searching.  Download it for free, we can also communicate through it: Download here.

– Are you curious about your current home value? Click here, or contact me.  I will send you a free market evaluation.

– Do you know of someone considering moving? Remember me, a referral is a great compliment.

– Know someone moving out of the area? With my network(s) of agents, I can help find a great agent in any market.

– Keeping it “Real”…Estate!

*(Mortgage Rate | Bankrate.com | 30 yr fixed mtg | Median List Price | 20% DP|  Credit Score 740+ | 0 Points)

↑↓ Monday Market Update for Chico↑↓