What does a Sold Score of 48 mean in Chico?

A Sold Score of **48/100** in Chico (May 2026) puts the market in the **"Fair Chance of Selling"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.43, inventory down +1.6% YoY, 57 median days on market, 37.2% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (May 2026): Sold Score: 48/100 (Fair Chance of Selling) · Pending ratio: 0.43 · Inventory YoY: -1.6% · Median days on market: 57 · Sellers cutting price: 37.2% · Median listing price: $429,500 (-0.1% YoY)