June 2014 Shasta and Redding area home sales trends

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 the latest chart of marketing trends that we like to monitor on a monthly basis. Just yesterday, we were asked by a buyer what the average price paid was versus the asking price. Here you go, the chart in the middle right, Sold to List Ratio. It’s 95%, roughly, and trending up slightly. So an average home listed for $200,000 will sell for an average $190,000.
June2014SalesTrendsAverage is purely hypothetical. Homes are not widgets. But that’s the math.
Another interesting trend is Days on Market, plunging steadily from about 4 months to 3. We’re feeling it. Sales have picked up. So have prices, as seen in the median price climb to $226K.

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