Real estate blog entries tagged with monthly market report by Chris & Maria Jeantet Redding's Real Estate Couple (Coldwell Banker C&C Properties)

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Home : Blogs : Chris & Maria Jeantet Redding's Real Estate Couple : Shasta Living : Tag "monthly market report"

monthly market report: Have we hit bottom yet? - 11/19/09 05:35 PM

We're often asked this question by friends, family and clients and while it's important to clarify that not all homes hit bottom at the same time, if we look purely at local MLS numbers and current market activity, we can safely say that Redding's Real Estate market in general has seen the bottom. The decline of home values has slowed down in our area and our "pending" sales continue to increase every month...causing sales activity to remain solid. A recent index by Zillow, indicated that Redding's home values for the month of September were up 0.1% compared to August and down … (4 comments)

monthly market report: Redding CA Real Estate Market Update - 11/08/09 01:39 AM

Home inventory is going down and sales activity is going up! That is great news for the Shasta County real estate market. Anything under $200,000 sells...that seems to be where the buyers are. This is primarily due in part to the First Time Home Buyer Tax Credit which was recently extended through 2010. For those that waited "until prices come down", their patience was well worth it!
The average days on the market for homes in the Redding, CA area are around 130 days. Almost 50% of our unsold inventory is a foreclosed property or pre-foreclosure (short-sale). Homeowners who have not been able … (0 comments)

monthly market report: Redding CA Real Estate Market Update - 01/24/09 04:13 PM

Shasta County Residential Sales
Housing Market Update
Updated January 24, 2009

· Sales activity is down this month: 95 single family homes sold in the last thirty days compared to 144 the previous month. However, we are experiening an increase in activity ith approximately 289 single family homes currently in contract (pending).
· Our inventory levels is decreasing for Single Family homes in Shasta County, there is approximately 1,500 homes for sale compared to 1,650 homes in December.
· Home prices continue to decline offering great deals to first time home buyers and those looking for investment properties. This explains the increase in sales … (0 comments)

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Chris & Maria Jeantet Redding's Real Estate Couple

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