Real Estate Information

Weekly Market Report as of Oct. 1st, 2007

Monday, October 01, 2007

by Steve Williams

		Current	Last Week	Change
30 Year Fixed		6.42	6.31	+.11

↓ Single Family Residences ↓

	ALL	TOTAL SFR	0 -250K	250-350K	350-450K	+450K	MHL	Land
Paradise Listings	386	256	80	79	33	64	32	98
Paradise Pending	45	33	13	7	5	8	5	7
Paradise % Ratio	12%	13%	16%	9%	15%	13%	16%	7%
Magalia Listings	265	144	56	61	15	12	78	43
Magalia Pending	37	19	11	5	2	1	14	4
Magalia % Ratio	14%	13%	20%	8%	13%	8%	18%	9%
Total Listings	651	400	136	140	48	76	110	141
Total Pending	82	52	24	12	7	9	19	11
Total % Ratio	13%	13%	18%	9%	15%	12%	17%	8%

Last Week’s Activity

	Paradise	Magalia	Total
Listings	15	3	18
Pending	8	5	13
Closed Escrow	16	6	22
Expired	27	12	39
Price Reductions	40	17	57

Figures provided by the Sierra North Valley Multiple Listing Service.

Weekly Market Report as of Sept. 24, 2007

Monday, September 24, 2007

by Steve Williams

Weekly Market Report

Paradise and Magalia

		Current	Last Week	Change
30 Year Fixed		6.31	6.34	+.03

↓ Single Family Residences ↓

	ALL	TOTAL SFR	0 -250K	250-350K	350-450K	+450K	MHL	Land
Paradise Listings	404	265	81	83	34	67	37	102
Paradise Pending	50	36	13	8	6	9	8	6
Paradise % Ratio	12%	14%	16%	10%	18%	13%	22%	6%
Magalia Listings	286	156	61	65	16	14	87	43
Magalia Pending	41	20	9	8	2	1	16	5
Magalia % Ratio	14%	13%	15%	12%	13%	7%	18%	12%
Total Listings	690	421	142	148	50	81	124	145
Total Pending	91	56	22	16	8	10	24	11
Total % Ratio	13%	13%	15%	11%	16%	12%	19%	8%

Last Week’s Activity

	Paradise	Magalia	Total
Listings	16	8	24
Pending	12	7	19
Closed Escrow	7	3	10
Expired	12	4	16
Price Reductions	32	22	54

Figures provided by the Sierra North Valley Multiple Listing Service.

Quick Paradise Real Estate Stats

Thursday, September 20, 2007

by Steve Williams

For the entire Paradise and Magalia area...

THIS YEAR Average sold prive is $242,736

LAST YEAR Average sold prive was $263,030

The difference is (-$20,294) per property sold. That is a reduction of (-7.7%)

Total sides YTD=911

Last year was 1053

The difference is (-142), which is (-13.5%)

Total sold volume YTD is $221 million

Last year was $280 million

Difference is (-$59 million), which is (-21%)

We currently have 94 vacant homes for sale in Paradise and 50 in Magalia

Average days on market for active listings is 109

Average days on market for sold homes is 82 days

Median price for active listings is $297,000

Median price for YTD sold homes is $269,900

Difference is (-$27,100), which is (-9%)

Johnny Appleseed Days

Wednesday, September 19, 2007

by Steve Williams

Johnny Appleseed Days are almost here!

Oct 6th-7th

Saturday 9-5

Sunday 9-4

Held at the Terry Ashe Recreation Center.

To be a vendor visit http://paradisechamber.com/johnny_appleseed_days.htm

See you there!

johhny appleseed days

Days of Living History Sept 22nd-23rd

Wednesday, September 19, 2007

by Steve Williams

The Days of Living History event will be in Paradise for the 13the year Sept 22nd-23rd. Children $3.00 adults $5.00. Don't miss it!

http://goldnuggetmuseum.com/museum_programs.php

paradised activity fun

Lower Interest Rate

Wednesday, September 19, 2007

by Steve Williams

The Feds have lowered the interest rate by a 1/2 point to 4.75%, which means the prime rate will move from 8 1/4% to 7 3/4%. Lower interest rates will hopefully boost the housing market and the economy.

interest rate

Weekly Market Report as of Sept. 17, 2007

Tuesday, September 18, 2007

by Steve Williams

Weekly Market Report

Paradise and Magalia

		Current	Last Week	Change
30 Year Fixed		6.31	6.46	-.15

↓ Single Family Residences ↓

	ALL	TOTAL SFR	0 -250K	250-350K	350-450K	+450K	MHL	Land
Paradise Listings	410	272	85	86	36	65	38	100
Paradise Pending	51	36	13	9	5	9	8	7
Paradise % Ratio	12%	13%	15%	10%	14%	14%	21%	7%
Magalia Listings	292	160	63	64	19	14	88	44
Magalia Pending	36	18	9	6	2	1	13	5
Magalia % Ratio	12%	11%	14%	9%	11%	7%	15%	11%
Total Listings	702	432	148	150	55	79	126	144
Total Pending	87	54	22	15	7	10	21	12
Total % Ratio	12%	13%	15%	10%	13%	13%	17%	8%

Last Week’s Activity

	Paradise	Magalia	Total
Listings	17	14	31
Pending	8	5	13
Closed Escrow	9	8	17
Expired	16	5	21
Price Reductions	30	24	54

Figures provided by the Sierra North Valley Multiple Listing Service.

Weekly Market Report as of Sept. 10, 2007

Tuesday, September 11, 2007

by Steve Williams

Weekly Market Report

Paradise and Magalia

		Current	Last Week	Change
30 Year Fixed		6.46	6.45	+.01

↓ Single Family Residences ↓

	ALL	TOTAL SFR	0 -250K	250-350K	350-450K	+450K	MHL	Land
Paradise Listings	414	276	84	86	41	65	40	98
Paradise Pending	52	37	14	11	5	7	9	6
Paradise % Ratio	13%	13%	17%	13%	12%	11%	23%	6%
Magalia Listings	293	161	62	65	20	14	92	40
Magalia Pending	38	20	11	7	2	0	15	3
Magalia % Ratio	13%	12%	18%	11%	10%	0%	16%	8%
Total Listings	707	437	146	151	61	79	132	138
Total Pending	90	57	25	18	7	7	24	9
Total % Ratio	13%	13%	17%	12%	11%	9%	18%	7%

Last Week’s Activity

	Paradise	Magalia	Total
Listings	14	11	25
Pending	18	7	25
Closed Escrow	8	4	12
Expired	11	5	16
Price Reductions	37	20	57

Figures provided by the Sierra North Valley Multiple Listing Service.

No Fire in Paradise

Wednesday, September 05, 2007

by Steve Williams

You may have woke up today to the smell of smoke and ash falling but there is no fire, not in paradise anyways. There is a fire in Plumas County, the Moonlight Fire, that has burned 5,000 acres. The fire is 15 per cent contained.

For more information on the Moonlight Wildland Fire please go to:

http://inciweb.org/incident/978/

And to the 500 residents who called 9-1-1 to report the smoke and ash, thank you for looking out for paradise.

Welcome to the Paradise Blog

Sunday, September 02, 2007

by Steve Williams

Steve Williams and his real estate team welcome you to the Paradise Blog. This Blog was created to give the Paradise community a free one-stop source for any local information you may need.

Comments are welcome!

real estate