Local median home prices on the rise

This post was published 7 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 Sales are up nationwide. That’s the upshot of the AP article at the link. Meanwhile our own local paper today reports Redding area home sales home were down for April. But here’s the kicker: Prices are up this month. According to author David Benda, “Homes sold in April for a median price of $150,000, up from $135,000 in March, the lowest level in 10 years.”

Shasta Bally from the Sacramento River in Redding

Has the sun set on low home prices in the Northstate?

We still have more buyers than homes to sell. That could be the reason home sales are down. It would seem prices must inevitably rise from high demand and low supply. If you are thinking of selling, this could be your opportunity. Call or Text us at (530) 255 4070.

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