Market trends

December home sales results reveal local market trends for the greater Shasta and Redding region

This post was published 6 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

Here’s a look at the most recent local Redding and Shasta County regional homes sales statistics. We like to look at this set of charts every month to see if there is any identifiable swing or trend of which to be aware. This is for December 2013.
Dec2013SalesTrendsProbably the most remarkable trendline is the Median Sold home price, which seems to be taking a dip back toward $180K. Also, Days on Market which has been creeping back up to 4 months.

Some changes to FHA and other lending policies that started as 2014 rolled in are already having an impact. If mortgage rates start to climb, even more so. If you have been wondering when would be the right time to sell, it’s starting to look like Now. Now would be a good time.
Castlewood sign

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