Redding area median home price remains over $200K

This post was published 5 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 follow up to yesterday’s post about local Shasta home sales for the month. This is another set of charts we like to follow. Among the interesting trend lines to note is the fact that our median home price remains over $200K despite sales slightly decreasing. And you can see Absorption Rate trending up, indicating inventory is gradually increasing.
May2014SalesTrendsJust some of the trends we follow to track the pulse of the Shasta home sales marketplace.
Information is deemed to be reliable, but is not guaranteed. © 2014 MLS and FBS. Prepared by Skip Murphy on Wednesday, June 11, 2014 6:23 AM.

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