Spring arrived in the month of March and so did some low 30 year fixed rate mortgages in the Magalia area. Currently at 5.88% with March just recently behind us. Some other Magalia real estate market statistics for the month of March are as follows:
Magalia - March 2008
| Site Built Homes | Manufactured Homes on Land | Vacant Land | Total |
New Listings | 19 | 11 | 6 | 36 |
Sold | 5 | 5 | 1 | 11 |
Under Contract | 6 | 5 | 0 | 11 |
Price Reduced | 20 | 8 | 9 | 37 |
Expired or Withdrawn | 14 | 5 | 11 | 30 |
Total Listings Vs. Activity - Magalia
| Total Active Listings | Under Contract Listings | Percent Under Contract |
Site Built Homes | 127 | 13 | 10% |
Manufactured Homes | 62 | 13 | 21% |
Vacant Land | 49 | 0 | 0% |
Broker Associate serving Butte County Buyers and Sellers since 1986. Currently designing www.ParadiseRetirees.com A Paradise, Ca community website designed for young retirees relocating to Northern Ca
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