Is Central Shasta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Central Shasta was a Neutral Market.
Housing Prices in Central Shasta, CA
How much do homes in Central Shasta, CA cost?
Median Sold Price
$350,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Central Shasta was $350,000 in March 2024, down 0.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.9K | $176.3K | +47.1% |
2 Bedrooms | $262.6K | $270K | +2.8% |
3 Bedrooms | $365K | $355K | -2.7% |
4 Bedrooms | $575.9K | $625K | +8.5% |
5+ Bedrooms | $613.5K | $952.5K | +55.3% |
Summary: Central Shasta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.1%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 55.3%.
Median Sold Price Compared To Nearby Cities
Central Shasta | $350.2K | $350K | -0.1% |
Whitmore | $450K | $315K | -30.0% |
Housing Supply in Central Shasta, CA
How many homes are available in Central Shasta, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 93 | +1.1% |
Summary: The Central Shasta real estate market had 93 homes for sale in March 2024, a 1.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 17 | 13 | -23.5% |
3 Bedrooms | 54 | 57 | +5.6% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Central Shasta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Central Shasta in March 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Central Shasta, CA
How long does it take to sell a home in Central Shasta, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
107 Days | 121 Days | +13.3% |
Summary: Homes in Central Shasta had an average of 121 days on market in Mar 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Central Shasta; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.