Chico, CA Market Report: First Week of July Highlights

Dated: July 1 2024

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I hope you're enjoying the start of July! Here's a detailed look at the Chico, CA Real Estate Market over the last 30 days:

New Homes to the Market:
🏡 We have 99 new homes on the market, reflecting a 3% increase from last month. This uptick in listings provides more options for buyers looking to find their perfect home in Chico.

Market Dynamics:
📉 The average number of days a home stays on the market is now 44 days, showing a slight decrease of 2%. This means homes are selling a bit faster than before.

💲 The average home price in Chico is now $608,107, which is a 5.8% increase over the last 30 days. This rise indicates a robust demand in the market, pushing prices upward.

💵 The average sold price has jumped to $532,532, an impressive 11.5% increase. This significant gain highlights the growing value of properties in the area.

🏠 In the past 30 days, 77 homes have been sold, marking an 18.9% decrease from the previous month. While fewer homes have sold, the market remains active and competitive.

The Chico housing market is experiencing some exciting shifts. With more new listings and homes selling quicker, it's an opportune moment to explore your real estate options.

If you've got questions or need to discuss your specific real estate needs, feel free to reach out to 𝑻𝒓𝒂𝒄𝒊 𝑪𝒐𝒐𝒑𝒆𝒓, your local real estate professional. Wishing you a wonderful July!

𝑺𝒆𝒆 𝒕𝒉𝒆 𝑳𝒂𝒕𝒆𝒔𝒕 𝑴𝒂𝒓𝒌𝒆𝒕 𝑹𝒆𝒑𝒐𝒓𝒕 𝒇𝒐𝒓 𝑪𝒉𝒊𝒄𝒐, 𝑪𝒂𝒍𝒊𝒇𝒐𝒓𝒏𝒊𝒂

𝑮𝒆𝒕 𝒀𝒐𝒖𝒓 𝑰𝒏𝒔𝒕𝒂𝒏𝒕 𝑯𝒐𝒎𝒆 𝑽𝒂𝒍𝒖𝒆 𝒊𝒏 𝑪𝒉𝒊𝒄𝒐, 𝑪𝒂𝒍𝒊𝒇𝒐𝒓𝒏𝒊𝒂

𝑺𝒆𝒂𝒓𝒄𝒉 𝑨𝒍𝒆𝒓𝒕 𝑳𝒊𝒔𝒕𝒊𝒏𝒈 𝒊𝒏 𝑪𝒉𝒊𝒄𝒐, 𝑪𝒂𝒍𝒊𝒇𝒐𝒓𝒏𝒊𝒂

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Traci Cooper

About Team CooperAt Team Cooper our mission is to serve our clients to a level far greater than they could have imagined. We offer the utmost service to our clients and aim for satisfaction. We work a....

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