Is East Tehama, 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, East Tehama was a Seller's Market.
Key Takeaway
East Tehama is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Tehama, CA
How much do homes in East Tehama, CA cost?
Median Sold Price
$309,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Tehama have sold for 28.1% less than they did a year ago.
Summary: The median home sold price in East Tehama was $309,000 in March 2024, down 28.1% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $181.5K | +126.9% |
| 2 Bedrooms | $205K | $204K | -0.5% |
| 3 Bedrooms | $393.7K | $350K | -11.1% |
| 4 Bedrooms | $550K | $325K | -40.9% |
| 5+ Bedrooms | - | $650K | N/A |
Summary: East Tehama housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.9%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 40.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shingletown | $315K | $336K | +6.7% |
| East Tehama | $430K | $309K | -28.1% |
Housing Supply in East Tehama, CA
How many homes are available in East Tehama, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The East Tehama real estate market had 10 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Tehama 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Tehama, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in East Tehama in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 81 Days | 12 Days | -85.3% |
Summary: Homes in East Tehama had an average of 12 days on market in Mar 2024, down by 85.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Tehama are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in East Tehama; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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. 
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