Is Cottonwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Cottonwood has remained a Seller's Market.
Housing Prices in Cottonwood, CA
How much do homes in Cottonwood, CA cost?
Median Sold Price
$375,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cottonwood was $375,000 in March 2024, up 1.6% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259K | $404K | +56.0% |
2 Bedrooms | $242.5K | $264.7K | +9.2% |
3 Bedrooms | $364.5K | $370K | +1.5% |
4 Bedrooms | $505K | $447.5K | -11.4% |
5+ Bedrooms | $515K | $385K | -25.2% |
Summary: Cottonwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 25.2%.
Median Sold Price Compared To Nearby Cities
Cottonwood | $369K | $375K | +1.6% |
Anderson | $335K | $335K | 0.0% |
Southwest Shasta | $431K | $400K | -7.2% |
Housing Supply in Cottonwood, CA
How many homes are available in Cottonwood, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 76 | +7.0% |
Summary: The Cottonwood real estate market had 76 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 55 | 54 | -1.8% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Cottonwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Cottonwood in March 2024, up by 21.4% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Cottonwood, CA
How long does it take to sell a home in Cottonwood, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
102 Days | 111 Days | +8.4% |
Summary: Homes in Cottonwood had an average of 111 days on market in Mar 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Cottonwood; 6% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.