Is East Tehama, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, East Tehama was a Buyer's Market.
Key Takeaway
East Tehama is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Tehama, CA
How much do homes in East Tehama, CA cost?
Median Sold Price
$309,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in East Tehama have sold for 22.7% less than they did a year ago.
Summary: The median home sold price in East Tehama was $309,000 in June 2024, down 22.8% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $207K | +158.8% |
| 2 Bedrooms | $215K | $215K | 0.0% |
| 3 Bedrooms | $388.7K | $364.7K | -6.2% |
| 4 Bedrooms | $549.9K | $325K | -40.9% |
| 5+ Bedrooms | - | $650K | N/A |
Summary: East Tehama housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 158.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 40.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shingletown | $327.5K | $329K | 0.5% |
| East Tehama | $400K | $309K | -22.8% |
Housing Supply in East Tehama, CA
How many homes are available in East Tehama, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The East Tehama real estate market had 10 homes for sale in June 2024, a 23.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Tehama housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Tehama, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in East Tehama in June 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for East Tehama, CA
How long does it take to sell a home in East Tehama, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 7 Days | 87 Days | +1152.4% |
Summary: Homes in East Tehama had an average of 87 days on market in Jun 2024, up by 1152.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Tehama are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During June 2024, 3 homes were sold in East Tehama; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.