Shasta County Market Stats

Shasta County Homes Sales For June 2010

Shasta County home sales were relatively flat when compared to June last year. June 2010 had 194 home sales reported in the Shasta County MLS compared to 2009’s 193 homes.

Redding accounted for 114 of the 194 homes sold.

The median sales price for Redding homes was $222,523, down from last year’s price of $240,239.

Price per square foot for Redding homes also dropped from last year’s $134.42 to this year’s $126.49.

The average median sales price for all of Shasta County was $211,55.

Zillow Reports Redding Home Values Up Slightly

According to Zillow’s Real Estate Market Reports for March 2010, Redding home values were Up 0.23% compared to February 2010 and down 13.97% compared to March 2009.

I am not sure how accurate the numbers from Zillow are, but it is interesting to track.

April 2010 California & Shasta County Foreclosure Report

ForeclosureRadar.com just released its April 2010 California Foreclosure Report. Their report is statewide and broken down by county. Here are some of the stats from Shasta County.

Notice of Defaults, the start of the foreclosure process, increased by only one notice. April 2010 had a total of 150 NOD’s filed compared to last month’s 149.

The number of homes in Shasta County that had a Notice of Trustee’s sale filed, stayed exactly the same at 129 notices.

There were a total of 81 trustee’s sales down from last month’s 98. The banks took back 76 homes as REO’s and only 5 homes sold to a 3^rd party investor.

There are currently 167 REO / Bank owned properties for sale on the Shasta County MLS with 68 REO / Bank owned homes selling last month.

Highlights from the statewide report:

Foreclosure filings were down in April for the first time since the beginning of the year.
Despite the decline in filings, the inventory of properties in preforeclosure or scheduled for sale only dipped slightly as the drop in filings were offset by an increase in the time to foreclose.
Cancellations continue to climb, up more than 32 percent from the beginning of the year.
The number of properties sold to 3rd parties also continues to climb, helped again this month by slightly better discounts.

Download the full report at Foreclosure Radars website.

Redding Home Prices See Slight Decline In March

According to Zillow’s Real Estate Market Reports for February 2010, Redding home values were down 1.0% compared to January 2010 and down 10.7% compared to February 2009.

I am not sure how accurate the numbers from Zillow are, but it is interesting to track.

Shasta County Foreclosure Report – NOD’s Level Off In March

ForeclosureRadar.com just released its March 2010 California Foreclosure Report. Their report is statewide and broken down by county. Here are some of the stats from Shasta County.

Notice of Defaults, the start of the foreclosure process, increased by only 3.5%. March 2010 had a total of 147 NOD’s filed compared to last month’s 142.

The number of homes in Shasta County that had a Notice of Trustee’s sale filed, increased by 8% from last month’s 119 to 129 this month.

There were a total of 105 trustee’s sales, with the banks taking back 98 homes as REO’s and only 7 homes sold to a 3^rd party investor.

There are currently 165 REO / Bank owned properties for sale on the Shasta County MLS with 85 REO / Bank owned homes selling last month.

Download the full report at Foreclosure Radars website.

Redding Home Sales February 2010

Redding home sales were relatively flat when compared to February last year. February 2010 had 56 home sales reported in the Shasta County MLS compared to 2009’s 57 homes.

The median sales price for Redding homes was $243,246, just slightly higher than last year’s price of $241,054.

Price per square foot for Redding homes dropped slightly from last year’s $142.12 to this year’s $129.51.

Overall the Shasta County MLS had a 132 homes sold in February 2010 which is higher than last month’s 108 home sold.