Local home sales median price graph for the decade

This post was published 8 years ago. Please, read this page keeping in mind that this home may have sold by now. You can always check current status by calling or texting (530) 356 4500 The Address Realty DRE # 01710206

Home prices in shasta county californiaThis graph illustrates the trajectory of Shasta County’s median home prices for the last decade. I plotted the data from David Benda’s recent article in the Record Searchlight about the 15% increase in home sales we saw in 2011 in Shasta County. Although sales are up, inventory is down. You would think demand would drive prices up. I can’t predict just when, but it seems likely at some point the current price decline trend will reverse.

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