Redding homes sales were up when compared to last January, however price per square foot and the median home price continue to decline.
The Shasta County MLS has 63 homes sold in Redding for January 2010 and 55 for January ’09. The average sold price per square foot for Jan ’10 was $127 compared to $137 this time last year.
The median home price also declined from $241,988 last January to $219,131 this month.
Newer homes in Redding continue to hold stronger values with the average sales price being $286,172 and an average price per square foot of $155.90.
Shasta County home sales also saw in increase from 98 homes sold this time last year to 108 this January.