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Average Sales Price Continues to Rise On Redding Homes

September 16, 2012 By Chris Parsons Leave a Comment

Shasta County Home Sales August 2012
July’s average sales price for homes in Redding was $198,625. That number rose for the forth consecutive month to $199,166. With Shasta County housing inventory staying low we continue to see multiple offers on listings and offers over the asking price regularly.

From local appraiser Robert Sprenkel “The average sales price/SF continues to tick upwards in all age brackets. While most of the market is active with low inventory, the custom market appears to be soft. There are 43 active listings in Redding with an asking price of $550K+. There is only one pending sale in Redding with a list price over $550K.”

Shasta County Housing Stats For August 2012

Statsistic 12-Aug 11-Aug % Chg 2012 YTD 2011 YTD % Chg
Absorption Rate 6.9 9.52 -27.52 7.09 9.96 -28.82
Average List Price $260,090.2 $257,317.8 1.08 $236,349.1 $239,204.7 -1.19
Median List Price $190,000 $189,000 0.53 $179,500 $179,900 -0.22
Average Sale Price $184,168.4 $180,536.7 2.01 $177,755.9 $181,898.2 -2.28
Median Sale Price $165,500 $158,000 4.75 $158,650 $152,750 3.86
Average DOM 108 124 -12.9 117 133 -12.03
Median DOM 88 97 -9.28 87 101 -13.86

Redding Housing Stats For August 2012

Statistic 12-Aug 11-Aug % Chg 2012 YTD 2011 YTD % Chg
Absorption Rate 5.94 7.79 -23.75 6.16 8.38 -26.49
Average List Price $267,914.7 $252,446.3 6.13 $240,782.3 $240,332.6 0.19
Median List Price $202,800 $196,900 3 $189,000 $189,900 -0.47
Average Sale Price $197,611 $193,462.7 2.14 $194,068.1 $194,448.6 -0.2
Median Sale Price $175,000 $173,056 1.12 $169,000 $166,750 1.35
Average DOM 106 123 -13.82 111 126 -11.9
Median DOM 86 99 -13.13 83 100 -17

Filed Under: Blog, selling

Scott Testimonial

July 11, 2012 By Chris Parsons Leave a Comment

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Elizabeth Testimonial

July 11, 2012 By Chris Parsons Leave a Comment

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Benji Testimonial

July 11, 2012 By Chris Parsons Leave a Comment

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1699 Lakeside Dr Redding CA

May 10, 2012 By Chris Parsons

1699 Lakeside Dr Redding CA MLS#12-1951

A view of the lake! Large kitchen with granite tile, covered patio and detached 2-car garage with shop and 100 amp service. Large RV parking with sewer dump, 20 amp 110 RV plug. Located on a prime corner lot that affords one of the better views of Mary Lake and walking trail access.

Property Photos

1699 Lakeside Dr Redding CA MLS#12-1951
1699 Lakeside Dr Redding CA MLS#12-1951
1699 Lakeside Dr Redding CA MLS#12-1951
1699 Lakeside Dr Redding CA MLS#12-1951
1699 Lakeside Dr Redding CA MLS#12-1951
1699 Lakeside Dr Redding CA MLS#12-1951
1699 Lakeside Dr Redding CA MLS#12-1951
1699 Lakeside Dr Redding CA MLS#12-1951

Driving Directions

Placer Rd to Mary Lake Drive. Turn Right on Lake Side. Corner house with yard sign

Property Map


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Filed Under: 3, Bills Listing, Featured, Featured Homes, Homes For Sale, Hotsheet, Josh Listing, Listings Tagged With: homes for sale, MLS, real estate

3401 Vernon CT Anderson, CA

April 30, 2012 By Chris Parsons

3401 vernon Ct Anderson CA Front

Affordable home with fully fenced back yard and full length covered patio. Generous sized Family Rm. with crown molding; Master Bedroom has private full bath. Freshly painted inside, new carpet just installed. Attached 2-car garage plus quiet cul-de-sac location.

Lease Option $1,100 a month & Purchase Price $140,000.

Each month $150 is applied to the purchase price. $3,000 down payment is also applied towards the purchase. Call Bill for details 530-945-1097.

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Property Photos

3401 vernon Ct Anderson CA Front

Driving Directions

273 to Briggs. Left on Silver Right on Diamond. Right on Vernon Court.

Property Map


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Filed Under: Featured, Featured Homes, Hotsheet, Listings

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