Redding Real Estate Blog – Parsons Realty

Redding Homes For Sale – Inventory Starting to Climb

As we head into summer inventory is starting to climb back up to “normal” levels. We are currently at 690 homes for sale in the Shasta County MLS and 258 Homes For Sale in Redding.

Inventory has been much lower over the last couple of months with around 500 homes for sale in Shasta County.

This will be welcomed by homebuyers who have been looking to purchase recently. With fewer homes on the market several buyers have been frustrated with not finding
what they are looking for and getting outbid when they do find that perfect home.

You can see all properties for sale at our Shasta County MLS Search page.

Redding Weekly Real Estate Report: April 8 2013

The median list price in Redding, CA this week is $259,000. The 247 properties have been on the market for an average of 112 days.

Download our excutive style report. Redding Weekly Real Estate Summary 8-14

Redding Real Estate Market Profile

Median List Price	$259,000
Asking Price Per Square Foot	$146
Average Days on Market (DOM)	112
Median House Size (sq ft)	1,815
Median Lot Size	0.25 – 0.50 Acre
Median # of Bedrooms	3
Median # of Bathrooms	2

Redding Real Estate Market Action Index

The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market Conditions. Below 30, conditions favor the buyer.

Download our detailed 6 page Market Report here

Palo Cedro Home Sales – February 2013

Four homes sold in Palo Cedro last month. That is up from January’s 3 homes sold.

The average sales price was $476,250. With the average home size being 3,102 square feet, the price per square foot came in at $154.

Palo Cedro Home Sales - February 2013

Only one of the homes was a short sale and there were no bank owned homes sold.

The highest price home sold in Palo Cedro last month was $570,000.

Lowest price home sold at $320,000.

Currently there are 12 homes for sale in Palo Cedro and 4 homes pending.

You can see all of the homes for sale in Palo Cedro here.

For more details market date about the Palo Cedro or Shasta County visit our Market Data Page.

Cottonwood Home Sales – February 2013

The number of homes that sold in Cottonwood last month was 15. That is up from January’s 9 homes sold.

The average sales price was $211,597. With the average home size being 1,853 square feet, the price per square foot came in at $114.

Cottonwood Home Sales February 2013

Of the homes that sold, six of them were foreclosures or short sales.

The highest price home sold in Cottonwood last month was $451,000.

Lowest price home sold at $52,050.

Currently there are 44 homes for sale in Cottonwood and 34 homes pending.

You can see all of the homes for sale in Cottonwood here.

Anderson Home Sales – February 2013

Pricing for homes in Anderson has definitely started to stabilize. The average home sales price for February was $159,946 that is up from last year’s average of $142,319.

The average price per square foot was $95.

The number of homes sold in Anderson was 19 that is down from January’s 24.

The highest price home that sold in February was $360,000 and the lowest came in at $45,299.

Below is a chart that shows the inventory trends for Active, Pending and Sold listings.
Anderson Home Sales - February 2013

Inventory remains low with only 38 homes currently Active in the Shasta County MLS.

You can see more Anderson Housing Market data at our stats page our download our full Market Report here https://www.parsonsrealty.com/parsons_realty/real-estate-market-data/.

Redding Home Sales – February 2103

February was a good month for Home Sales in Redding. With 125 homes selling that is up from January’s 106 homes and last year’s

The lowest price home sold for $64,500 and the highest sold for $499,500. The average sales price was $210,510, this is down from last months $212,259.

The average sold price per square foot was $115.

Redding Home Sales February 2013

Inventory of Shasta County Homes has increased slightly to 585 (as of 3/6/2013).

The average days on market was 115 days.

Redding Real Estate Market Profile

Redding Real Estate Market Action Index

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